EXCLUSIVE: A European Union Perspective On RCEP
The recent signing of the Regional Comprehensive Economic Partnership (RCEP) between ASEAN and five Asia-Pacific countries (China, Japan, Australia, South Korea and New Zealand) has created the world’s largest free-trade zone that covers about a third of the world’s population and accounts for about 30 percent of the world’s gross domestic product (GDP).The European Union (EU) is not a signatory to RCEP, but is paying close attention to it.