Signing of Regional Comprehensive Economic Partnership

Signing of Regional Comprehensive Economic Partnership

Impacts on the Asia Pacific region.

Leonie Ferretter

Partner, Regional ASPAC Leader – Trade & Customs

KPMG Australia

People walking across road holding umbrellas

After a reported 8-year period of negotiations, 15 countries joined together on 15 November 2020, to sign one of the largest ever free trade agreements, known as the Regional Comprehensive Economic Partnership (RCEP).

The agreement will provide a framework for facilitating free and more streamlined trade arrangements among the signatories.

This is unprecedented in scale, scope and potential impact, both in Asia Pacific and globally. Explore our analysis of the agreement in a handy three-page overview.

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