RCEP is the Association of Southeast Asian Nations (ASEAN)’s biggest free trade pact to date, covering a market of 2.2 billion people with a combined size of 26.2 trillion USD or 30 percent of the world’s GDP.
Singapore will soon ratify the Regional Comprehensive Economic Partnership (RCEP) agreement which was signed by 15 member countries on November 15, said Minister for Trade and Industry Chan Chun Sing.
German newspapers have run articles spotlighting the importance of the Region Comprehensive Economic Partnership (RCEP), especially for economic integration in the Asia-Pacific region.
The Regional Comprehensive Economic Partnership (RCEP) Agreement will create new opportunities for Japanese manufacturers and farmers, and contribute greatly to increasing Japan’s exports to Asia, Japanese Minister of Economy, Trade and Industry Hiroshi Kajiyama said on November 15.
The signing of the Regional Comprehensive Economic Partnership (RCEP) Agreement is a historic achievement of the region, according to Cambodia’s national press agency Agence Kampuchea Press (AKP).
ASEAN Secretary-General Dato Lim Jock Hoi said the bloc had a momentous day when leaders of its member states, Australia, China, Japan, the Republic of Korea, and New Zealand witnessed the signing of the Regional Comprehensive Economic Partnership (RCEP) Agreement.