Eleven Asia-Pacific nations sign trade agreement

Australia is among 11 nations who've signed up to a new trade pact described as a strong signal against protectionist pressures. Despite the United States' withdrawal from earlier negotiations on a Trans-Pacific Partnership, regional representatives have now affixed their signatures to a Comprehensive and Progressive Trans Pacific Partnership accord - the C-P-T-P-P.

Australia's Investment, Tourism and Commerce Minister Steven Ciobo signs the the Trans-Pacific Partnership in Santiago, Chile, Source: AAP