BANGKOK: Meetings hosted by the 10-member Association of Southeast Asian Nations resumed Sunday with doubts emerging on whether the weekend would see a breakthrough in talks on the world’s largest regional trade pact.
The China-backed Regional Comprehensive Economic Partnership (RCEP) has been jeopardized by last-minute requests from India after it earlier agreed to terms. Leaders had planned to announce a preliminary deal on Monday, paving the way for countries to finalize details on the legal framework of an agreement that would cover one-third of the global economy, but the Philippines said Saturday that negotiations now wouldn’t be completed until February.