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19 November 2020

15 Asian nations sign RCEP, world’s biggest free-trade deal, after eight years

Catherine Wong

China scored a “victory” on Sunday as 15 Asia-Pacific nations signed the world’s biggest free-trade pact, sealing an agreement that excludes the United States and extends Beijing’s economic sway in the region.

The realisation of the Regional Comprehensive Economic Partnership (RCEP) comes after eight years of negotiations.

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