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Home News Asia

Asia-Pacific Nations Sign World’s Biggest Trade Deal

Kyodo News by Kyodo News
November 16, 2020
in Asia
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Vietnamese Prime Minister Nguyen Xuan Phuc (left) is pictured during the signing ceremony for the RCEP trade pact in Hanoi on Monday. / VNA / Kyodo

Vietnamese Prime Minister Nguyen Xuan Phuc (left) is pictured during the signing ceremony for the RCEP trade pact in Hanoi on Monday. / VNA / Kyodo

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TOKYO—Asia-Pacific countries including Japan, China and the 10 members of ASEAN signed the world’s largest free-trade deal on Sunday, wrapping up eight years of negotiations following the withdrawal of India.

The 15 signatories to the Regional Comprehensive Economic Partnership reached the agreement, aimed at cutting tariffs and establishing common rules in areas such as e-commerce and intellectual property, during a virtual leaders’ summit.

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