RCEP shows Asia can act independently of US


Economic solidarity: Asia-Pacific leaders attending the fourth RCEP meeting as part of the 37th Asean Summit in Hanoi, Vietnam, last week. — Reuters

THE Regional Comprehensive Economic Partnership (RCEP), eagerly awaited by 15 member nations and their 2.2 billion people, was finally signed last Sunday after eight years of negotiations and delays.

This regional free trade agreement has injected hope into the economies of member nations as they struggle to contain the second wave of Covid-19 pandemic.

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