ASEAN leaders to sign China-backed trade deal amid US election uncertainty



By James Pearson


HANOI (Reuters) – Southeast Asian leaders start meetings on Thursday that are expected to lead to an ambitious China-backed at a time the still uncertain election result in the United States leaves questions over its engagement in the region.



Leaders of the 10-member Association of South East Asian Nations (ASEAN), China, Japan, South Korea, Australia and New Zealand are scheduled to conclude talks on the Regional Comprehensive Economic Partnership (RCEP) this Sunday.


The deal, which is expected to be signed later on Sunday on the sidelines of a mostly online, four-day summit in Hanoi, will take years to complete but will progressively lower tariffs across many areas and could become the world’s biggest trade agreement.


The 15 participating countries make up nearly…

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