Free trade deal signed among 15 participating countries

HANOI: The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries Sunday, launching the world’s biggest free-trade bloc, reports Xinhua news agency. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (Asean) and China, Japan, South Korea, Australia and New Zealand. The RCEP agreement will accelerate […]

New opportunities offered to Asean businesses

HANOI: The 11th Asean-UN Summit and the 4th Regional Comprehensive Economic Partnership (RCEP) Summit are scheduled to take place via video conference today, the last working day of the 37th Asean Summit and related summits. The closing ceremony and handover of the Asean chairmanship to Brunei will be held later the same day, followed by […]

Economic partnership finally signed after eight years of negotiations

KUALA LUMPUR: The Regional Comprehensive Economic Partnership (RCEP) agreement has finally been signed today after going through 31 rounds of negotiations over the past eight years. The signing of the RCEP, which is the world’s biggest free trade agreement (FTA), represents a significant and imperative milestone in the integration and revitalisation of economies of the […]