Tag Archives: Regional Integral Economic Association

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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What is the RCEP trade agreement?

Backed by China, the expanding Regional Comprehensive Economic Association (RCEP) is seen as a coup for Beijing to extend its influence in the region and mark its dominance in Asian trade. After eight years of discussing the details, the trade pact, the world’s largest in terms of GDP, analysts say, …

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