Part 1/13:

A Deep Dive into RCEP and the Future of Asian Trade

The Launch of RCEP: A Promising Start Amidst Uncertainty

At the beginning of 2022, the Regional Comprehensive Economic Partnership (RCEP) was heralded as the world's largest trade deal, promising to reshape economic relations across the Asia-Pacific region. With expectations of creating over two million jobs, opening markets in North Asia, and fostering economic growth among member countries—comprising China, Japan, South Korea, and Southeast Asian nations—the deal was seen as a beacon of regional integration and prosperity.