Regional Comprehensive Economic Partnership
The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement in the Asia-Pacific region between the ten ASEAN states (i.e. Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) and five of their FTA partners—Australia, China, Japan, New Zealand, and South Korea. The 15 member countries are responsible for 30% of the world's population and 30% of global GDP, making it the largest trade bloc.[1]
It was signed at the Vietnam-hosted virtual ASEAN Summit on 15 November 2020.[2][3][4] It officially took effect on 1 January 2022.[5]
Regional Comprehensive Economic Partnership Media
2020 Asia-Pacific free trade agreement
Flag of Australia (converted)
Flag of Brunei Darussalam
Flag of Cambodia
Flag of the People's Republic of China
bendera Indonesia
Flag of the Republic of Korea (South Korea)
Flag of Laos
Flag of Malaysia – Jalur Gemilang (Stripes of Glory)
.svg)
References
- ↑ "India stays away from RCEP talks in Bali". Nikkei Asian Review (Jakarta). 4 February 2020. https://asia.nikkei.com/Economy/Trade/India-stays-away-from-RCEP-talks-in-Bali. Retrieved 4 February 2020.
- ↑ "Asia-Pacific nations sign world's largest trade pact RCEP". CNA. 15 November 2020. Archived from the original on 15 November 2020. Retrieved 15 November 2020.
- ↑ Ng, Charmaine (15 November 2020). "15 countries, including Singapore, sign RCEP, the world's largest trade pact". The Straits Times. Archived from the original on 15 November 2020. Retrieved 15 November 2020.
- ↑ "RCEP: Asia-Pacific nations sign world's biggest trade pact" (in en). www.aljazeera.com. https://www.aljazeera.com/economy/2020/11/15/rcep-15-asia-pacific-nations-set-worlds-biggest-trade-pact. Retrieved 15 November 2020.
- ↑ "World's largest free trade deal is under way, but what is RCEP?". South China Morning Post. 2022-01-01. Retrieved 2022-01-01.
