Why is India not talking about the “India-China trade war”?

Why is India not talking about the “India-China trade war”?

August 17, 2021 Comments Off on Why is India not talking about the “India-China trade war”? By admin

A growing number of Indian politicians are openly questioning the effectiveness of Prime Minister Narendra Modi’s “Make in India” initiative.

Some even hinting that it might be a failure and are calling for Modi to abandon the “Make-in-India” initiative altogether.

While there are growing calls for India to reconsider its decision to pull out of the Trans-Pacific Partnership (TPP), a trade pact between 12 Pacific Rim countries that includes the United States, Japan, Australia, Canada, Chile, Peru, Vietnam and Brunei, India has repeatedly insisted that the decision was “necessary” and that it “was not a trade war.”

The Indian media has also been quick to take up the issue, with the Times of India citing an unnamed official as saying, “There was no trade war…

There was not any need to start the war.”

It was not the first time the Modi government has sought to downplay its decision.

In July, Modi was asked by a journalist what his “foreign policy vision” was after he won elections.

The Prime Minister said he “loves the countries of the region,” adding, “But we must also look at the issues that are facing the region, and if we can address the issues at the grassroots level, we will get out of it.”

In January, India’s cabinet voted to cut ties with China and sign a free trade agreement with the country, a move that was hailed by the United Nations and China as a major step toward improving relations.

While India’s decision to leave the TPP has not been widely criticized, the Indian media is now focusing on its impact on the bilateral trade relationship with the United Kingdom.

On Tuesday, a senior government official told CNN India that the “trade war” was a “very bad idea.”

India’s Prime Minister had previously said that “the trade deficit with the U.K. is one of the biggest problems we have with our economy,” and that India had “to look at a lot of things to bring down the trade deficit.”

The Prime Minster had also said that the trade war would be “one of the things that will change the direction of the economy of India.”

It remains to be seen if this decision will result in an improvement in bilateral trade, or if it will further damage bilateral relations.

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