Explained: RCEP, a free trade agreement that could become the largest ever

Topics RCEP deal | rcep meet


Fifteen Asia-Pacific economies signed what could become the world's largest free trade agreement on Sunday, covering nearly a third of the global population and about 30% of its global gross domestic product.

The Regional Comprehensive Economic Partnership (RCEP) will progressively lower tariffs and aims to counter protectionism, boost investment and allow freer movement of goods within the region.   WHO HAS SIGNED? RCEP includes China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association.....

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