[cityhantam]

https://www.straitstimes.com/asia/austra...-pact-rcep

WELLINGTON (REUTERS, XINHUA) - Australia has joined New Zealand to ratify the Regional Comprehensive Economic Partnership (RCEP) trade deal, ministers for both nations said on Wednesday (Nov 3).

The deal is the world’s largest trade pact, representing about 30 per cent of the global population and gross domestic product.

The RCEP will take effect on Jan 1, setting common rules around trade in goods and services, intellectual property, e-commerce and competition.