The Regional Comprehensive Economic Partnership, or RCEP, was signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations. The agreement will contribute to “developing supply chains that have been disrupted due to the pandemic as well as supporting economic recovery," he said. Here are ten things to know about the world's largest free trade agreement. The RCEP signing comes as Southeast Asian nations experience uneven recoveries from the coronavirus pandemic. Trade disputes have hit a dozen Australian industries and threatened exports to China of agricultural products, timber and resources worth billions of dollars.

Source: Mint November 15, 2020 10:30 UTC