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December 14, 2020 | 12:31 am Font Size
PHILIPPINE STAR/EDD GUMBAN
DIGITALIZATION in the 15-country mega trade deal could improve trade systems with key partners, a research fellow from the Philippine Institute for Development Studies (PIDS) said.
The world’s biggest trade deal, the Regional Comprehensive Economic Partnership (RCEP), was signed by China, Australia, New Zealand, Japan, South Korea and all 10 Association of Southeast Asian Nations (ASEAN) member countries last month.
“For me, RCEP is a means of improving our systems so that we can engage in trade with key partners in the region,” PIDS Research Fellow Francis Mark Quimba said in an e-mailed reply to questions.