How many member countries are there in Regional Comprehensive Economic Partnership (RCEP)?
Explanation
The Regional Comprehensive Economic Partnership is a free trade agreement among the 15 Members
All ten members of ASEAN (excludes candidate member East Timor):
1 Brunei
2 Cambodia
3 Indonesia
4 Laos
5 Malaysia
6 Myanmar
7 Philippines
8 Singapore
9 Thailand
10 Vietnam
The three East Asian members of ASEAN Plus Three:
11 China
12 Japan
13 South Korea
The two Oceanian members of ASEAN Plus Six:
14 Australia
15 New Zealand
The 15 member countries account for about 30% of the world's population (2.2 billion people) and 30% of global GDP ($29.7 trillion)
The RCEP was signed virtually on November 15, 2020, on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations.
RCEP) was signed virtually, and organized by Vietnam
Effective: 1 January 2022
Language: English
ND12_8_2023
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