RCEP to catalyse sustainable economic recovery amid Covid: ASEAN’s official
The entry into force of the Regional Comprehensive Economic Partnership (RCEP) agreement will open up opportunities to catalyse the expansion of regional trade and investment much needed for economic recovery amid Covid-19, said Secretary-General of the Association of Southeast Asian Nations (ASEAN), Dato Lim Jock Hoi.
The ASEAN Secretariat announced in November that the RCEP agreement would enter into force on January 1, 2022, as it had received instruments of ratification from six ASEAN countries, namely Brunei, Cambodia, Laos, Singapore, Thailand and Vietnam as well as from four non-ASEAN signatory states of Australia, China, Japan and New Zealand, Xinhua news agency reported.
In a recent written interview with Xinhua, Lim said RCEP demonstrates the shared commitment of ASEAN, China and other parties to a multilateral trading system. Signed in November…