Australia to join major Asia-Pacific trade deal RCEP but India holds out

Scott Morrison says 15-country Regional Comprehensive Economic Partnership would be ‘bigger and better’ with India in itAustralia will sign on to a major free-trade deal involving 15 countries from the Asia-Pacific region, albeit one diminished by India’s decision not to join.At the East Asia Summit in Bangkok, 15 of the 16 participants agreed to sign up to the Regional Comprehensive Economic Partnership (RCEP), likely in February next year. Related: World's largest trade deal