When looked at as a whole, the 15 RCEP countries are home to almost a third of the world's population. It includes seven of our top trading partners. RCEP countries take over half of New Zealand's total exports and provide more than half of our direct foreign investment. In the year ending December 2019, just before the COVID-19 pandemic started, New Zealand exported more than $36 billion worth of goods to RCEP countries, and nearly $12 billion of services. India's withdrawal from RCEP negotiations late in 2019 was disappointing. Although a fast-track accession process for India exists should it wish to rejoin in the future, we value our relationship with India, and we will continue pursuing our aspirations to broaden and deepen the political, cultural, and trade links that we enjoy.