THE Regional Comprehensive Economic Partnership (RCEP) stands as the largest free trade agreement globally, encompassing 15 countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, China, Japan, South Korea, Australia and New Zealand.
It functions as a comprehensive framework for promoting free trade among its members, offering a unified set of rules and procedures to access preferential tariffs throughout the region.
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