GLOBALink | RCEP all about win-win cooperation, not zero-sum game: Cambodian official
The Regional Comprehensive Economic Partnership (RCEP), the world's biggest free trade deal, is all about win-win cooperation, not a zero-sum game, a Cambodian government official said in an exclusive interview with Xinhua.
He added that the RCEP will provide tremendous benefits to all participating countries in the long run, as it facilitates free flows of goods and contributes to attracting foreign direct investment (FDI).
Entering into force in January 2022, the RCEP trade deal comprises 15 Asia-Pacific countries including 10 ASEAN member states, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and their five trading partners, namely China, Japan, South Korea, Australia and New Zealand.
Produced by Xinhua Global Service
- Efforts underway to increase RCEP utilization: Malaysian official
- Interview: China vital for Asia in green growth, innovation, says business leader
- Interview: China continues to promote global growth, says CEO of Australian iron ore giant
- Guangxi's foreign trade hits record high in Jan-Feb
- Economic Watch: Chinese companies ride RCEP momentum to boost exports