China, Japan, 13 others sign RCEP — world’s biggest trade deal without India
15 Asia-Pacific countries including China, Japan, and Australia will finalize the world's biggest trade deal, after India backs out, this weekend.
RCEP - the world's biggest free trade agreement signed without India (Courtesy: Quartz)
New Delhi: A common consensus has been reached on RCEP — Regional Comprehensive Economic Partnership by 15 Asia-Pacific nations led by China. They have agreed to sign the world’s largest free trade agreement without the involvement of India. The trade agreement is expected to be signed this weekend, after New Delhi's concerns haven't got addressed. Experts believe that RCEP will be much larger than African Continental Free Trade Area (AfCFTA) in both size and value.
A series of trade discussions have been going on among 16 nations including India si...