[spireitematt]

15 countries have formed the World's largest trading bloc which covers nearly a 3rd of the global economy. It's called RCEP (Regional Comprehensive Economic Partnership) and it's between the Asia-Pacific countries. It will be bigger than the European Union and US-Mexico-Canada agreement. It's expected to eliminate a range of tariffs on imports within 20 years but it will also include provisions on intellectual property, telecommunications, financial services, e-commerce and professional services. There will also be a rule of origin which officially define where a product comes from.

https://www.bbc.co.uk/news/world-asia-54949260