Today, leaders of 15 countries witnessed the signing of an agreement
This is the Regional Comprehensive Economic Partnership Agreement (RCEP)
As a result, the world’s largest free trade zone officially set sail
Covering 10 ASEAN countries, as well as China, Japan, South Korea, Australia, New Zealand
The total population is 2.27 billion, GDP is 26 trillion US dollars, and total exports are 5.2 trillion US dollars.
Both account for about 30% of the global total…It is the most diverse member structure
It-the largest economic and trade scale
It-the most development potential
It is a victory for multilateralism and free trade-
Members pledge to lower tariffs, open markets, and reduce standard barriers
Sent a strong signal against unilateralism and protectionism
Inject strong positive energy into the global multilateral trading system and world economic recovery
It is the unity of high quality and inclusiveness——
The number of final zero-tariff products in goods trade will exceed 90% overall
The overall opening-up level of service trade and investment is significantly higher than the original “10+1” free trade agreement
High-level intellectual property, e-commerce, government procurement and other modern topics are included
Taking into account the national conditions of different countries, giving special and differential treatment to the least developed countries…
It will help countries accelerate the formation of a new development pattern——
Expand the export market space of various countries
Meet the needs of domestic import consumption
Strengthen the supply chain of the regional industrial chain
Conducive to stabilizing foreign trade and foreign investment
After 8 years of negotiation
Overcome the difficulties caused by the new crown pneumonia epidemic
RCEP signed as scheduled-
Become an important milestone in regional economic integration
Let people see light and hope in the haze
Show the world that open cooperation is the only way to achieve mutual benefit and win-win results for all countries
