An agreement on the Regional Comprehensive Economic Partnership (RCEP) is good news for New Zealand but is tempered by the absence of India and the shadow of the ongoing trade war, says Stephen Jacobi, executive director for the NZ International Business Forum.

An agreement on the text for the RCEP agreement has been signed by 15 nations including New Zealand, Australia, China, South Korea and Japan as well as the South East Asian nations of the Asean trade bloc.

But India - the only country in the RCEP group that New Zealand doesn't have an existing trade agreement with -

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