In the Pacific Century - GERMAN-FOREIGN-POLICY.com
(Own report) – Germany and the EU are at risk of losing out in the world's most significant growth region, business representatives warn, regarding the world's largest free trade agreement RCEP (Regional Comprehensive Economic Partnership), which became effective on January 1, and is still hardly known in Germany. RCEP is a free trade agreement (FTA) between 15 countries of the Asia-Pacific region, which includes the world's second and third largest economies – China’s and Japan’s respectively. Together, the RCEP countries represent nearly a third of the global GDP. RCEP has the potent...
Source: german-foreign-policy.com