The Regional Comprehensive Economic Partnership (RCEP) comes into force on January 1, 2022.

The Regional Comprehensive Economic Partnership (RCEP) covers 15 countries across the Asia-Pacific region, and promises to improve business for 2.2 billion people.

It will be the first free trade deal between China, South Korea and Japan.

The United States is not a part of the agreement, even though it is in the Asia-Pacific region, and India pulled out at the last minute.