Ten ASEAN nations, plus five other Asia-Pacific countries, have signed the world’s biggest trade deal in terms of GDP. The pact is expected to drive economic growth in a region hard-hit by the coronavirus pandemic.
Fifteen nations in the Asia-Pacific region have entered into the world’s largest free-trade agreement, which they hope will accelerate the recovery of their economies, ravaged by the coronavirus pandemic.
The Regional Comprehensive Economic Partnership, or RCEP, was signed on Sunday on the sidelines of the annual summit of the Association of Southeast Asian Nations (ASEAN), held via videoconference due to the pandemic. Read More.