It is easy to forget, in this age of closed borders, geopolitical tensions and empty airports, that a landmark trade agreement was signed in November.
The regional comprehensive economic partnership (RCEP) brings together 15 Asian nations covering 30% of the world’s GDP and 27% of global trade.
It also marks the first time that China, Japan and South Korea have been part of the same trade deal; India’s not in it, for fear that its industries would be hammered by cheap Chinese exports, but it is welcome to join.
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