Zero Hedge: RCEP Explained: The World's Biggest Trading Bloc Will Soon Be In Asia-Pacific
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, Visual Capitalist's Iman Ghosh breaks down everything you need to know about it, from who’s involved to its implications.
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