Tag Archives: RCEP

China-led RCEP trade megablock takes off

The Regional Comprehensive Economic Association (RCEP), a mega trading bloc comprising 15 countries led by China and that came into existence on Sunday, said India would have to write expressing its “intention” to join the organization. to restart membership negotiations. In a statement released after the initialization ceremony among member …

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Everything you need to know about the RCEP trade compact

The Regional Comprehensive Economic Association, or RCEP, was signed virtually Sunday during the annual summit of the 10-nation Association of Southeast Asian Nations (ASEAN). Fourteen countries under China’s initiative have formally agreed to form the world’s largest free trade bloc, encompassing nearly a third of all economic activity. After 8 …

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