RCEP to strengthen trade ties, boost regional economy: US media


Vietnam's Industry and Trade Minister Tran Tuan Anh (centre) signs as Vietnam's Prime Minister Nguyen Xuan Phuc (left) witnesses during the signing ceremony of the Regional Comprehensive Economic Partnership (RCEP) Agreement during the 37th Asean Summit in Hanoi, Vietnam Nov 15, 2020. - Reuters

NEW YORK (Xinhua): The newly forged Regional Comprehensive Economic Partnership (RCEP) will strengthen Asian-Pacific trade ties and boost the regional economy, multiple US media outlets have said.

"The RCEP aims to reduce tariffs, strengthen supply chains with common rules of origin, and codify new e-commerce rules," Bloomberg has reported.

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RCEP , US , media , agreement

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