Mr Lee also discussed such a system with India’s Prime Minister Narendra Modi on Saturday.
The leaders agreed that the conclusion of the Regional Comprehensive Economic Partnership would send a strong signal of commitment to the multilateral trading system amidst US-China trade tensions and protectionism around the world, the spokesperson said.
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(1) It reassuring that PM Modi share the same view that concluding the RCEP is most urgent given the global trade tension and protectionism - in which India is also a victim.
(2) Thus India must look at "win-win solution" and many need to "give-and-take" in the opening up of India market in exchange of opening up other RCEP market --- to ensure mutual beneficial outcome.
Some sacrifices will be worth the effort - as the final outcome will benefit all RCEP members in which India is also a part.
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