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My Say: RCEP falls short of being transformational

On Jan 17, Malaysia ratified the Regional Comprehensive Economic Partnership (RCEP). On paper, RCEP seems big and impressive; it is the world’s largest free trade agreement (FTA) by economic size. Accounting for nearly 30% of global GDP, the agreement boasts some heavyweights in Asia-Pacific among its signatories, including Asean and its regional partners Australia, China, Japan and South Korea. ....

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