RCEP talks at ‘critical stage’ – Singapore

SINGAPORE: Talks on a China-backed free-trade pact have reached a “critical stage,” Singapore’s leader said Wednesday as he urged regional economic ministers to seal the deal by the end of the year.

The 16-nation Regional Comprehensive Economic Partnership (RCEP), which will be the world’s biggest free-trade accord if it is agreed, has taken centre stage as Washington embarks on a unilateral, protectionist agenda.