RCEP: Embracing Multilateralism Amid Global Protectionism
RCEP emerges as the world’s largest free trade agreement, uniting nations across Asia-Pacific to promote open trade and multilateral cooperation amidst rising global protectionism.
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RCEP emerges as the world’s largest free trade agreement, uniting nations across Asia-Pacific to promote open trade and multilateral cooperation amidst rising global protectionism.
Chile, along with Sri Lanka and the Hong Kong SAR, has applied to join the RCEP, potentially expanding the world’s largest free trade agreement across the Pacific and Indian oceans.
RCEP strengthens trade among APEC members, promoting development and aligning with APEC Peru 2024’s agenda for inclusive growth.
Since its implementation, the RCEP has unlocked trade potential between the Chinese mainland and ASEAN, boosting economic cooperation and creating new growth opportunities.
Chinese Vice Premier Ding Xuexiang has pledged deeper cooperation with ASEAN nations to build a closer China-ASEAN community with a shared future, emphasizing strategic mutual trust and regional prosperity.