The RCEP will eventually remove as much as 90 per cent of the tariffs on imports between its member countries. Photo: AP The RCEP will eventually remove as much as 90 per cent of the tariffs on imports between its member countries. Photo: AP
The RCEP will eventually remove as much as 90 per cent of the tariffs on imports between its member countries. Photo: AP

Explainer |
What is RCEP and what does an Indo-Pacific free-trade deal offer China?

  • The world’s biggest free-trade agreement by population and GDP will bring huge tariff cuts for its Asean and Pacific Rim signatories, including China
  • But the agreement is less open and comprehensive than the 11-member CPTPP, which involves some of the same countries along with the United States

Topic |   RCEP
The RCEP will eventually remove as much as 90 per cent of the tariffs on imports between its member countries. Photo: AP The RCEP will eventually remove as much as 90 per cent of the tariffs on imports between its member countries. Photo: AP
The RCEP will eventually remove as much as 90 per cent of the tariffs on imports between its member countries. Photo: AP
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