The RCEP ratification and its implications
The Regional Comprehensive Economic Partnership (RCEP) will be China’s first multilateral trade agreement and the world’s largest FTA.
Source: atlanticcouncil.org
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The Regional Comprehensive Economic Partnership (RCEP) will be China’s first multilateral trade agreement and the world’s largest FTA.
The RCEP agreement creates a free trade arrangement between ASEAN and Asia-Pacific nations, providing new trading opportunities through tariff reduction, new rules of origin, and trade facilitation measures.