Tuesday, August 28, 2018

Conclusion for Regional Comprehensive Economic Partnership ‘finally in sight’: PM Lee

Talks on Regional Comprehensive Economic Partnership (RCEP) have reached a “critical stage”, says Mr Lee.
Read more at https://www.channelnewsasia.com/news/singapore/asean-regional-comprehensive-economic-partnership-pm-lee-10662722
 (Updated: )

Ricky Lim
“The RCEP negotiations have continued for some time, and have now reached a critical stage. After a great deal of work, the possibility of substantively concluding the RCEP negotiations is finally in sight,” he added.
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This is really great news for Singapore and the whole Asia Pacific region.
There must be momentum to keep going - until everyone sign to conclude the RCEP.
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Ricky Lim
RCEP is a US$23.8 trillion GDP market ---- much much more than US US$19 trillion GDP market.

It will compensate and cushion against Trump's trade war.
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Ricky Lim
RCEP US$23.8 trillion GDP market - will be the largest GDP market in the World - that will surpass EU US$22 trillion GDP (PPP) or US$19.7 trillion GDP (Nominal) - the current biggest GDP market in the World.
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