Lower Dibang (Arunachal Pradesh): Prime Minister Narendra Modi decided to stay out of RCEP keeping in mind India's economic interests, especially of Northeastern states, Defence Minister Rajnath Singh said here on Friday.
He also said that if India had joined the Regional Comprehensive Economic Partnership (RCEP), farmers, labourers, and industries would have been adversely affected.
"At the recent ASEAN Summit in Bangkok, our prime minister took a very important decision that India will not be part of RCEP. This is not a small thing," Singh said after inaugurating the Sisseri Bridge here.
The 200-meter long permanent bridge connects the Siang Valley and the Dibang Valley in Arunachal Pradesh.
"Keeping in mind India's economic interests, especially the economic interests of the Northeast, the prime minister took this decision. Everyone should welcome this decision by the prime minister," Singh said.