TNPSC Thervupettagam

Regional Comprehensive Economic Partnership and Japan

June 27 , 2021 1160 days 806 0
  • Japan had recently ratified the Regional Comprehensive Economic Partnership (RCEP).
  • It is a free trade agreement between Australia, China, and the Association of Southeast Asian Nations (ASEAN).
  • Japan has become the third member to ratify the agreement.
  • Among the signatories, China and Singapore have completed the ratification procedures.
  • Joining RCEP will be Japan’s first trade deal involving China and South Korea.

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