Video Duration 25 minutes 05 seconds
The Regional Comprehensive Economic Partnership (RCEP) enters into force on 1 January 2022.
After 10 years of work, the world’s largest free trade zone opens for business on January 1, 2022.
The Regional Comprehensive Economic Partnership (RCEP) covers 15 countries across the Asia-Pacific region, and promises to improve business for 2.2 billion people.
This will be the first free trade agreement between China, South Korea and Japan.
The United States is not part of the agreement, even though it is in the Asia-Pacific region, and India withdrew at the last minute.
China says the trade treaty will help the country promote growth as the region seeks to recover from the pandemic.
So who can benefit from the RCEP?
Presenter: Mohammed Jamjoom
Jayant Menon-Visiting Senior Fellow, ISEAS-Yusof Ishak Institute, Singapore
Einar Tangen – China political and economic analyst
Niels Graham – Assistant Director at the Atlantic Council’s GeoEconomics Center