In the News
Regional Comprehensive Economic Partnership
Big trade news today with the signing of an agreement to create the world's largest trade bloc.
The Regional Comprehensive Economic Partnership (RCEP) includes 10 Southeast Asian economies (ASEAN) along with China, Japan, South Korea, New Zealand and Australia, with members accounting for around 30 percent of global GDP over a combined population in excess of two billion people.
Here is some media coverage of this key moment in global economics.
Mega free-trade deal a lifeline for Australia-China relations https://www.smh.com.au/world/a...
BBC News World: Asia-Pacific countries form world's largest trading bloc
Will this mark a significant shift in the centre of economic gravity within the global economy, or, has that already occurred?