Cambodian official praises RCEP as driver for regional economic recovery

File picture of RCEP leaders posing for a group photo during the 3rd Regional Comprehensive Economic Partnership Summit in Bangkok on Nov 4 last year on the sidelines of the 35th Asean Summit. - AFP

PHNOM PENH (Xinhua): The Regional Comprehensive Economic Partnership (RCEP) free trade deal is a driver for regional economic recovery during and after the Covid-19 pandemic, Cambodian Commerce Minister Pan Sorasak said on Monday (March 14)).

Signed on Nov 15, 2020 and entered into force on Jan 1, 2022, RCEP is a mega trade agreement among 10 member states of the Association of Southeast Asian Nations (Asean) and its five major trade partners, namely China, Japan, South Korea, Australia and New Zealand.