RCEP trade deal reaches ‘meaningful development’ after ratification by Australia an…


The Regional Comprehensive Economic Partnership (RCEP) trade agreement will take effect at the start of January, according to the Australian government, with the deal to ease trade liberalisation and economic integration in Asia and the Pacific.The 15-member RCEP – the world’s largest free trade agreement despite the absence of the United States – will be Japan’s first trade agreement involving both China and South Korea.The pact can go into into force now that Australia and New Zealand…

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