ASEAN Summit: India says it will not join RCEP trade deal

India said it will not be joining the Regional Comprehensive Economic Partnership (RCEP). The pact -- which would have been the world's biggest trade agreement -- was supposed to cover all 10 Southeast Asian countries and six other countries, including China, India, Japan, South Korea, Australia and New Zealand.

India said it will not be joining the Regional Comprehensive Economic Partnership (RCEP). The pact -- which would have been the world's biggest trade agreement -- was supposed to cover all 10 Southeast Asian countries and six other countries, including China, India, Japan, South Korea, Australia and New Zealand. Thai Premier Prayut Chan-o-cha said that negotiations had concluded, and that ASEAN is committed to sign the deal by 2020.