Trade war: Focus turns to Thailand to conclude $7 trln RCEP
Six years in the making, the Regional Comprehensive Economic Partnership (RCEP) is slated to transform the region into an Asean-centric, comprehensive free trade area, poised to make a large contribution to Asian and global economic cooperation. The RCEP may well become the second major Asia-led trade agreement in the wake of US President Donald Trump’s exit from the Trans-Pacific Partnership (TPP) in 2017.