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Who will benefit from the world’s largest free trade agreement? | International Trade News

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Video Length 25 minutes 05 seconds

By: Inside Story

The Comprehensive Regional Economic Cooperation (RCEP) will enter into force on 1 January 2022.

After 10 years of work, the world’s largest free shopping center will open on January 1, 2022.

The Comprehensive Regional Economic Cooperation (RCEP) covers 15 countries in the Asia-Pacific region and promises to improve business for 2.2 billion people.

It will be the first free trade agreement between China, South Korea and Japan.

The United States is not a party to the deal, even though it is in the Asia-Pacific region, and India withdrew at the last minute.

China says the trade pact will help boost the country’s growth as the region tries to recover from the pandemic.

So who will benefit RCEP?

Presenter: Mohammed Jamjoom

Guests:

Jayant Menon-Visiting Senior Fellow, ISEAS-Yusof Ishak Institute, Singapore

Einar Tangen – Chinese political and economic analyst

Niels Graham – Assistant Director of the GeoEconomics Center at Atlantic Council



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