World's largest trade pact sealed at Asean summit as India pulls out

East Asia Summit participants - including Australia and New Zealand - have not been able to coax India to join the mammoth RCEP trade deal.

Members of Regional Comprehensive Economic Partnership, RCEP

Members of Regional Comprehensive Economic Partnership, RCEP Source: AAP

The world's biggest trade deal is likely to move forward without India for the time being, diplomats and officials said Monday, as negotiators pushed to finalise the sprawling Asian pact backed by China.

The Bangkok summit failed to resolve the impasse between India and the other 15 nations - including both Australia and New Zealand - who are striving to achieve the gargantuan RCEP free trade agreement.

Read the full article in English here.


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By AFP-SBS
Presented by Justin Sungil Park
Source: AFP, SBS

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