New Delhi has backed away from joining a massive multinational trade pact as the other 15 members of the Regional Comprehensive Economic Partnership (RCEP) have agreed on major points of the deal. The mega trade deal, which is supposed to span from India to New Zealand, is set to include 30 percent of global GDP and half of the world’s population. The RCEP involves 16 countries in the Asia Pacific, including all 10 Southeast Asian nations (ASEAN states) and six of their large trading partners: China, Japan, South Korea, India, Australia, and New Zealand. Also on rt.com India
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