CGTN published this video item, entitled “15 nations sign RCEP trade pact” – below is their description.
For more: https://www.cgtn.com/video The long-awaited Regional Comprehensive Economic Partnership, also known as RCEP, was signed by its 15 members on Sunday. The free trade agreement is between the 10 ASEAN member states and five partners, namely China, Japan, South Korea, Australia and New Zealand. It covers nearly a third of the global population and about 30 percent of global GDP. The agreement will reduce tariffs on trade in goods, and improve rules for trade in services. What’s the significance of the RCEP? And how it is going to compete with other FTAs in the region?
CGTN YouTube Channel
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