Providing economic stability

RCEP has served as a source of stability and certainty for inter-regional and global economies at a time when global trade faces many uncertainties and risks.

In the first year of its entry into force, the RCEP has shown the importance of filling the gap of the FTA, boosting regional trade and strengthening regional supply chains.

It has the potential to serve as a platform to project the dividends of Asian trade to the world, said Peter Drysdale, head of the East Asian Bureau of Economic Research at Australian National University.