The Regional Comprehensive Economic Partnership (RCEP), signed in November 2020 by the 10 ASEAN members plus China, Japan, South Korea, Australia, and New Zealand, entered into force on 1 January 2022. Its members account for about 30% of world GDP and population, making it the largest free trade agreement in history.
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The Regional Comprehensive Economic Partnership (RCEP), signed in November 2020 by the 10 ASEAN members plus China, Japan, South Korea, Australia, and New Zealand, entered into force on 1 January 2022. Its members account for about 30% of world GDP and population, making it the largest free trade agreement in history.
The combined share of global GDP of the member economies of the largest free trade agreement.
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Limits Registry. LR-LARGEST-FREE-TRADE-AGREEMENT. Largest free trade agreement by share of world GDP. 2026.