US EditionMalaysia says RCEP bloc to consider adding new members, improve trade deal
The RCEP leaders will discuss expanding membership and trade improvements to counter US tariffs, with members supporting multilateralism and trade facilitation, Malaysia's trade minister said.
- Malaysia will host a summit for the RCEP, the world's largest trade bloc, during the annual ASEAN meeting in Kuala Lumpur.
- Tengku Zafrul Aziz, Malaysia's Investment, Trade and Industry Minister, stated that the meeting will allow improvements to the RCEP trade deal and consider new member requests.
- RCEP members include China, Japan, South Korea, Australia, New Zealand, and the 10 ASEAN members, covering around 30% of global GDP.
- The upcoming summit aims to demonstrate Asia's commitment to openness amid rising protectionism, according to Malaysian Prime Minister Anwar Ibrahim.
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11 Articles
Malaysia says RCEP bloc to consider adding new members, improve trade deal
The China-backed Regional Comprehensive Economic Partnership (RCEP) will consider adding new members and discuss ways to improve trade flows when its leaders meet for the first time in five years in October, Malaysia's trade minister said on Monday (Sep 22).
RCEP Shake-Up? Malaysia Signals Bloc Could Expand, Revamp Deal
The Regional Comprehensive Economic Partnership (RCEP), supported by China, will meet for the first time in five years in October to discuss adding new members and improving trade flows, as stated by Malaysia’s trade minister. Malaysia will host the summit during the annual gathering of the Association of Southeast Asian Nations (ASEAN) in Kuala Lumpur. […] The post RCEP Shake-Up? Malaysia Signals Bloc Could Expand, Revamp Deal appeared first on…
China-backed Asian trade bloc looks to expand, upgrade deal
The China-backed Regional Comprehensive Economic Partnership (RCEP) will consider adding new members and discuss ways to improve trade flows when its leaders meet for the first time in five years in October, Malaysia's trade minister said on Monday (Sep 22).
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