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World's biggest trade bloc on way in 2020

By Jing Shuiyu in Beijing and Karl Wilson in Sydney | China Daily | Updated: 2019-11-07 07:30

Related parties will step up efforts to finish talks on RCEP finalization

Fifteen member states will try to resolve several remaining issues about the Regional Comprehensive Economic Partnership by the end of this year, aiming to seal the trade pact in 2020, the Ministry of Commerce said on Wednesday.

Analysts said the recent breakthrough in finalizing the RCEP - which is hailed as what would be the world's largest trade bloc - is symbolically significant and a major achievement.

World's biggest trade bloc on way in 2020

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