RCEP – a life raft for trade liberalization in Asia

REGIONAL COOPERATION, TRADE

By . Posted APRIL 21, 2016

RCEP - a life raft for trade liberalization in Asia

asiapathway – There seems to be a pushback against trade agreements in the post global financial crisis era. The Trans-Pacific Partnership (TPP) was signed in early 2016, but US presidential candidates have spared no effort criticizing it so near-term ratification is highly uncertain. The WTO Doha Round is in the deep freeze after 14 years of negotiations. Unilateral trade liberalization has virtually come to a standstill.

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