The signing of the Regional Comprehensive Economic Partnership (RCEP) means that the world’s largest trading block was created between the 10 ASEAN nations, Australia, China, Japan, New Zealand and South Korea.
In an interview with Vietnam News Agency, Jessica Wa’u, Assistant Director, ASEAN said, “The signing of RCEP is particularly impressive after eight years of negotiations. It represents a significant milestone for ASEAN to champion the world’s largest trade pact and bring the region closer together in terms of trade. It signals that ASEAN wants to work with other countries and improve economic integration, even after a turbulent 2020.”
