RCEP nears completion

Notoriously labelled a ceremonial “talk shop” without any tangible outcomes, the latest Asean Summit in Bangkok finally proved critics wrong as regional leaders made progress in settling a mammoth trade pact despite India’s departure.

The Regional Comprehensive Economic Partnership (RCEP) is a proposed free-trade agreement between the 10 member states of the Asean and six dialogue partners: China, Japan, South Korea, India, Australia and New Zealand.

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Bangkok Post Reporter