Asia-wide trade pact on course despite India, Thailand says

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Asia-wide trade pact on course despite India, Thailand says
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Thailand said on Monday that Asian countries had held conclusive talks on what c...

BANGKOK - Thailand said on Monday that Asian countries had held conclusive talks on what could be the world’s biggest trade pact and there would be an announcement of success at a summit in Bangkok despite doubts raised by India.

But last minute demands raised by India meant negotiations among ministers went late into the night alongside a summit of the Association of Southeast Asian Nations being held in Bangkok, Thailand. RCEP includes the 10-member grouping of Southeast Asian nations, as well as China, South Korea, Japan, India, Australia and New Zealand.

New impetus ro complete the deal has come from the U.S.-China trade war, which has helped knock regional economic growth to its lowest in five years.

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