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  • Beijing Review

    RCEP: Building Bridges, Not Walls

    Nov 18, 2021 4 minutes
    By Ong Tee Keat
    Copyedited by G.P. Wilson

    The parliamentary ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement by 10 signatory states has finally set the world’s biggest ever free trade bloc into motion, albeit only among the ratifying nations, on January 1, 2022. Six Association of Southeast Asian Nations (ASEAN) member states, namely Brunei, Cambodia, Laos, Singapore, Thailand and Viet Nam, as well as Australia, China, Japan and New Zealand, have completed the ratification procedures.

    The RCEP was also signed by another four ASEAN members, namely Indonesia, Malaysia, Myanmar and the Philippines, as well as the Republic of Korea (ROK). Once in full

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