Explainer: Asia-Pacific closes in on world’s biggest trade deal 15 of these nations are set to conclude talks on Sunday and sign the Regional Comprehensive Economic Partnership. Reuters 5 h ago

Asia

Fifteen Asia-Pacific economies are set to conclude talks on Sunday and sign what could become the world’s largest free trade agreement, covering nearly a third of the global population and about 30 percent of its global gross domestic product.

The Regional Comprehensive Economic Partnership (RCEP), which could be approved at the end of a four-day Asan Summit in Hanoi, will progressively lower tariffs and aims to counter protectionism, boost investment and allow freer movement of goods within the region…

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