November 16, 2020

Asia

ASIA: RCEP heavy on symbolism, but its economic effects will be limited

BY Gabriel Wildau, Bob Herrera-Lim, Tobias Harris

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( 6 mins) After eight years of negotiations, the fifteen participants in the Regional Comprehensive Economic Partnership (RCEP) signed a final agreement in a virtual summit on Sunday, 16 November. The economic benefits may be relatively modest in the near term but simplifying rules of origin will promote greater integration along supply chains. The agreement illustrates that Asian […]

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