The 15 partners to the Regional Comprehensive Economic Partnership (RCEP) signed the agreement[1] Nov. 15, 2020, enacting the largest ever trade deal by population. The RCEP encompasses the 2.2 billion people of the 10 countries of the Association of Southeast Asian Nations (ASEAN) plus Australia, China, Japan, New Zealand and South Korea.
The agreement is significant in that it complements existing treaties such as the European Union–Japan Economic Partnership Agreement, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the many bilateral free trade agreements between ASEAN nations. Read More.
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