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International relations

With TPP agreed, RCEP members look to catch up

Trade negotiations kicking off Friday will cover tariffs, investor protections

Trade ministers pose for a photo during a Regional Comprehensive Economic Partnership ministerial meeting in Hanoi, Vietnam, on May 22, 2017.   © Reuters

TOKYO -- Chief negotiators from the 16 countries in the Regional Comprehensive Economic Partnership will meet Friday in Indonesia with an eye toward accelerating progress on the proposed trade pact in response to last month's deal on the 11-member Trans-Pacific Partnership.

The talks in Yogyakarta on the island of Java, scheduled to run until Feb. 9, will cover such issues as the list of items on which to reduce or eliminate tariffs, protections for foreign companies' investments and free movement of labor.

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