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Economy

Five things to know about Asian trade megadeal RCEP

Negotiations in Singapore will be closely watched for progress on tariff reduction

The 16 countries negotiating the Regional Comprehensive Economic Partnership bring widely differing interests and concerns to the table.

SINGAPORE -- Leaders from 16 Asia-Pacific countries are set to meet in Singapore to seek what they call a "substantial conclusion" on the Regional Comprehensive Economic Partnership, a proposed free trade agreement that would link the region's two biggest economies -- China and Japan -- with fast-growing India and Vietnam.

Negotiations began in 2013, but talks accelerated this year in response to U.S. President Donald Trump's protectionist policies. With the world watching for the results of the meetings, here are five things to know about the deal referred to as RCEP.

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