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RCEP, the world’s largest trade deal, strengthens ASEAN's economic stability amid global uncertainty.
Amid rising global economic uncertainty and U.S. protectionist policies, the Regional Comprehensive Economic Partnership (RCEP) is seen as vital for ASEAN's economic stability.
The world’s largest free trade agreement, involving 15 nations including China, Japan, and South Korea, represents nearly 30% of global population and over 30% of global GDP.
Experts stress RCEP’s role in stabilizing supply chains, diversifying markets, and countering trade fragmentation.
With Malaysia chairing ASEAN, leaders aim to advance tariff reductions and deepen integration ahead of the ASEAN Summit, focusing on trade coordination, technology transfer, and long-term resilience in a shifting global landscape.
El RCEP, el acuerdo comercial más grande del mundo, fortalece la estabilidad económica de la ASEAN en medio de la incertidumbre mundial.