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Al Jazeera – Inside Story: Why is Asia-Pacific’s new trade deal so important?

21/11/2020

November 17 2020

A third of the global economy comes under the new Regional Comprehensive Economic Partnership, or R-Cep. China, ten southeast asian nations along with South Korea, Japan, Australia and New Zealand have signed the free-trade agreement. But the U.S. is excluded, leaving Beijing as the dominant economy in the bloc. So, will this deal help the region’s economy?

Presenter: Bernard Smith Guests: Phar Kim Beng – Founder of the Strategic Pan Indo-Pacific Arena think tank. Gareth Leather – Senior Economist at Capital Economics. Stan Veuger – Resident Scholar at the American Enterprise Institute.

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