Asia-Pacific trade deal signed by 11 nations

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Eleven Asia-Pacific countries have just signed the trade pact formerly known as the Trans-Pacific Partnership.

  • Tim McDonald
  • BBC

Although the US pulled out last year, the deal was salvaged by the remaining members, who signed it at a ceremony in the Chilean city of Santiago.

Chilean foreign minister Heraldo Munoz said the agreement was a strong signal “against protectionist pressures, in favour of a world open to trade”.

Axe 4dThe deal covers a market of nearly 500 million people, despite the US pullout.

In the absence of the US, it has been renamed the Comprehensive and…

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