Tue, 21-Oct-2025

World’s largest free trade deal takes effect on first day of 2022

World’s largest free trade

BEIJING: The Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest free trade agreement, entered into force on Saturday, injecting vitality into multilateralism and free trade amid the Covid-19 pandemic and global economic recovery. After the agreement takes effect, more than 90 per cent of merchandise trade among members that have approved the agreement will … Read more