Fongming Cable News China is the first to approve the RCEP agreement. Member states say that the promotion will take effect on January 1 next year

Views: 3423     Author: Site Editor     Publish Time: 2021-03-23      Origin: Site

At present, China has completed the approval of the regional comprehensive economic partnership agreement, that is, the RCEP agreement, and China has become the first country to approve the agreement. In addition, Thailand has also approved the agreement. All member states of RCEP have stated that they will approve the agreement before the end of this year, and the advancement agreement will take effect on January 1 next year.

RCEP is the world's largest free trade zone in various indicators. The 15 member states have a total population of 2.27 billion, GDP of 26 trillion U.S. dollars, and total exports of 5.2 trillion U.S. dollars, each accounting for about 30% of the global total.

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