India Opts Out of Trade Talks With US-Led Indo-Pacific Group
- IPEF talks reach consensus on three other areas of negotiation
- New Delhi has been reluctant to ease access to its markets
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India opted out of trade talks with a US-led group of Asian nations, again avoiding easing access to its markets via a multi-country deal, while moving ahead with the others in areas including supply chains and clean energy.
The South Asian nation was the only participant in the 14-nation Indo-Pacific Economy Framework that didn’t sign on to the group’s negotiation track on trade, according to statements released after two days of meetings in Los Angeles.