Japan expects the RCEP free-trade accord to boost its GDP 2.7 per cent and create 570,000 jobs. Photo: EPA
Japan expects the RCEP free-trade accord to boost its GDP 2.7 per cent and create 570,000 jobs. Photo: EPA

Japan approves world’s biggest free-trade deal after China’s call to boost Asian economy

  • 15-nation partnership is expected to cover nearly one-third of the world’s economy, trade and population and to come into effect from early 2022
  • Vice-minister of foreign affairs calls for efforts to defend the multilateral trade system and expressed interest in China joining CPTPP

Japan expects the RCEP free-trade accord to boost its GDP 2.7 per cent and create 570,000 jobs. Photo: EPA
Japan expects the RCEP free-trade accord to boost its GDP 2.7 per cent and create 570,000 jobs. Photo: EPA
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