Regional trade pact pays early dividends

RCEP gains felt already as Asia-Pacific economies tighten links, experts say A freight train carrying excavators leaves Liuzhou, Guangxi Zhuang autonomous region, for Vietnam in April. (PHOTO / XINHUA) The world's largest free-trade pact is gradually transforming economies in the Asia-Pacific region by opening up huge export markets and strengthening supply chains, analysts say. The […]

RCEP will usher in an ‘Asia era’

The Regional Comprehensive Economic Partnership agreement will come into effect on Jan 1, 2022, since six member states of the Association of Southeast Asian Nations including Singapore, Thailand and Vietnam and four non-ASEAN member countries, China, Japan, New Zealand and Australia, have ratified it. Covering nearly a third of the world's population and accounting for […]