The signing of the Regional Comprehensive Economic Partnership(RCEP)Agreement,on 15 November 2020,by the 10 ASEAN countries with China,Japan,South Korea,Australia,and New Zealand following 8 years of nonstop negotiations,has attracted the attention of those interested around the world.The agreement brings China,Japan,and South Korea under one umbrella of trade partnership for the first time ever.India,that has withdrawn in November 2019 for concerns over negative impact on local producers due to reducing customs duties,also has the chance to re-join later.The USA,far from being deliberately excluded from the agreement,can join the agreement too if it managed to conclude an agreement with the ASEAN countries first.
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