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The RCEP, a proposed free-trade agreement was to be signed by Indonesia, Thailand, Singapore, Malaysia, the Philippines, Vietnam, Myanmar, Brunei, Cambodia, Laos, Australia, China, India,
Japan, New Zealand and Korea. Prime Minister Narendra Modi made the announcement that India would not be signing the deal at the East Asia summit, currently being held in Bangkok. The other
15 countries — which are part of ASEAN and their five free-trade agreement partners — are expected to sign the deal soon.
