Indonesia hopes RCEP will be signed in 2020

Indonesia hopes that the Regional Comprehensive Economic Partnership (RCEP) will be signed in November, said ImanPanbagyo, Director-General for International Trade Negotiations of the Indonesian Ministry of Trade.

Indonesian Trade Minister AgusSuparmanto said ratifying RCEP would provide hope for regional and global economic recovery following the COVID-19 pandemic.

Indonesia and other RCEP members promised to sign the agreement this year at an online meeting attended by 15 Asia-Pacific ministers, including ministers of Australia, China, Japan, Korea, and New Zealand. The agreement will create the world’s biggest economic bloc, accounting for 30% of global GDP.

 

Source: VOV5

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