Asia ministers end RCEP trade talks without breakthrough

Leaders of 16 nations to release joint statement on deal's status Monday

20191101 RCEP ministerial 1

Ministers of RCEP member nations gather for negotiation in Bangkok on Nov. 1. (Photo by Rie Ishii)

MASAYUKI YUDA, Nikkei staff writer

BANGKOK -- Representatives of 16 Asia-Pacific countries including China, Japan and India on Friday ended ministerial talks here on a proposed trade megadeal without a clear agreement despite efforts to reach a "substantial conclusion."

Leaders of the nations will meet on Monday. They are expected to release a joint statement on the status of the long-overdue deal, which has been in the works for the last seven years.

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