THE Regional Comprehensive Economic Partnership (RCEP) may still see low utilisation rates among businesses, but policymakers and trade experts argue that writing off the world’s largest free trade agreement (FTA) at this stage would be premature.
Instead, they believe the FTA is only beginning to reveal its strategic importance as global supply chains become increasingly fragmented amid geopolitical tensions, rising protectionism, and a weakening multilateral trading system.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
