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RCEP bloc includes 15 nations and encompasses 30% of the world’s population
Singapore and Tokyo are poised for opportunity, but China’s shadow looms large
New pact underlines diminution of US influence in region
Pan-Asia trade pact covers a third of the world’s population and economic output
RCEP will cover almost a third of global economic output and leave door open to India
Negotiators were apprehensive going into April round of talks for Regional Comprehensive Economic Partnership
Tokyo signals it is willing to do whatever it takes to include New Delhi in RCEP pact