CSIS-GRIPS-RSIS Webinar by Professor Fukunari Kimura
Evaluation of the Signing of the RCEP Agreement and Prospect for Regional Economic Integration in Asia
05 February 2021
Mega-FTAs used to play two roles in order to partially supplement the slow-moving World Trade Organization (WTO): promoting further liberalisation and establishing new international rules. With the recent turmoil in the international trading regime due to the loosening policy discipline and the US-China confrontation, a couple of new roles have been added, i.e. reducing policy risks and forming a pro-trade middle-power coalition. How can we assess and effectively utilize the Regional Comprehensive Economic Partnership (RCEP) from such a perspective?