Comment – How to look at the RCEP
The Regional Comprehensive Economic Partnership (RCEP) is a large trade agreement. While it falls short of the US-inspired CPTTP, it will bring a range of benefits. Particularly important will be whether the US and India choose to become associated. Formation and c… Become a member to read the rest of this article Username or […]
ASIA: RCEP heavy on symbolism, but its economic effects will be limited
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… Become a member to read the rest of this article
ASIA: RCEP trade pact is not a game changer for regional balance of power
The new Regional Comprehensive Economic Partnership trade pact will cover one third of global GDP but is less ambitious on reducing tariffs and non-tariff barriers than the Obama-era Trans-Pacific Partnership.Despite perceptions of RCEP as a “China-led” trade deal, the agreement… Become a member to read the rest of this article