FOX News : Health

23 November, 2020

Trade pact for region hailed

 AVI, Nov. 19, 2020

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Reduced tariffs under RCEP will help revive battered economies, experts say

The signing of the world’s largest free-trade agreement will support the efforts of Asia-Pacific nations to rebuild their pandemic-hit economies and further integrate operations, analysts said.

The Regional Comprehensive Economic Partnership, or RCEP, signed on Sunday by 15 Asia-Pacific economies will progressively reduce tariff rates, eliminate trade barriers and bolster investments among the 10 members of the Association of Southeast Asian Nations, or ASEAN, and China, Japan, South Korea, Australia and New Zealand.

In full: https://asianvision.org/archives/avi-voice/9066/

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