Sixteen countries in the Asia Pacific are working toward finalising the Regional Comprehensive Economic Partnership (RCEP), a trade deal that would comprise one-third of the global economy. The group comprises China, Japan, South Korea, India, Australia, New Zealand and the 10 Association of Southeast Asian Nations. "Nobody wins in a trade war," Lopez said, expressing a sentiment shared by many country leaders, investors and analysts. " In an interview with Fairfax Media, Mr Turnbull said he was confident Australia could secure a free trade agreement by early next year.
Sixteen countries in the Asia Pacific are working toward finalising the Regional Comprehensive Economic Partnership (RCEP), a trade deal that would comprise one-third of the global economy. The group comprises China, Japan, South Korea, India, Australia, New Zealand and the 10 Association of Southeast Asian Nations. In an interview with Fairfax Media, Mr Turnbull said he was confident Australia could secure a free trade agreement by early next year.