India bows out of regional trade pact as 15 countries agree on terms

(L-R) India Prime Minister Narendra Modi, Thailand Prime Minister Prayut Chan-o-cha and Vietnam Prime Minister Nguyen Xuan Phuc

(L-R) India Prime Minister Narendra Modi, Thailand Prime Minister Prayut Chan-o-cha and Vietnam Prime Minister Nguyen Xuan Phuc Source: AAP

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A massive regional trade pact covering half of the world's people has been agreed by 15 members at the ASEAN summit, including Australia, but it won't be signed until next year.

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