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RCEP Explained: The World’s Biggest Trading Bloc Will Soon be in Asia-Pacific
image RCEP Explained: The World’s Biggest Trading Bloc: Trade and commerce are the lifeblood of the global economy. Naturally, agreements among nations in a certain geographical area help facilitate relationships in ways that are ideally beneficial for everyone involved. In late 2020, the Regional Comprehensive Economic Partnership (RCEP) was signed, officially creating the biggest trade bloc in history. Here, we break down everything you need to know about it, from who’s involved to its implications. Who’s in the RCEP, and Why Was it Created? The RCEP is a free trade agreement between 15 nations in the ... (full story)