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n WechatFifteen participa▓ting countries of the Regional Comprehensive Econ▓omic Partnership (RCEP) will start legal preparations for the signing of the mega free-trade pact in 2020, after concluding text-based negotiations and essentially al

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l market acces▓s issues.Major breakthro

ugh made in RCEP negotiations, pact to be signed in 2020Major breakthrou

gh made in RCEP negotiations, pact to be signed ▓in 202011-05-2019 09:39 BJTBAN

GKOK, Nov. 4 -- Fifteen par▓ticipat

ing countries of the Regional Comprehensive Ec▓onomic Partnership (RCEP

) will start legal preparations for the signing of the mega fre▓e-trade pact in 2020, after concluding text-based negot▓iations and essentially all market access issues."Again▓st the backdrop of a fast-changing global environment, the completion of the RCEP negotiations will demonstrate our collective commitmen▓t to an open trade and investment environment ac▓ross the region," leaders of the RCEP countrie said in a joint statement at a summit here on Monday.Chinese Premier Li Keqi▓ang called the latest progress in t▓he

seven-year-long RCEP negotiations "a ma▓jor breakthrough in the constru

ction of an East Asia free trade area, which would boast the largest population

, most diversified membership and great

est potential fo▓r development."SIGNING NEXT YEARThe RCEP agre▓ement is

"intended to further expand and deepen regional value chains for the benefits of

 our businesses, including small and m

edium ente▓rprises, as well as our workers, produc▓ers, and consumers,"

the leaders said in th▓e statement, noting they have tasked lega▓l scrubbing to

start for signing in 2020.Official

ly launched in 2012, the RCEP bri▓ngs together the 10 member countries

of the Association of Southeast Asian Nations (ASEAN) and their six trade part