Indian membership in the TPP would be a next logical step because it would give India access to all the economies in the Partnership. That includes one of the world’s top 10 oil producers – Canada.
It would also provide India access to some of the world’s largest producers of vital minerals. TPP member Chile is one of the world’s largest producers of copper, while Australia is a major source of both iron ore and coal.
The United States is the world’s second largest oil producer and a major source of coal, as well as the world’s premier creator of cutting-edge technologies. TPP membership might give India access to those markets as well.Read more