U.S. Chamber Statement On The Regional Comprehensive Partnership Agreement (RCEP) Brilliant: “The U.S. Risks Being Left Behind As Economic Integration Accelerates Across The Vital Asia-Pacific Region.”


Source: mondovisione.com mondovisione.com

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Date “The U.S. Chamber welcomes the trade-liberalizing benefits of the newly signed Regional Comprehensive Partnership Agreement but is concerned that the United States is being left behind as economic integration accelerates across the vital Asia-Pacific region. “The Asia-Pacific is forecast by the IMF to regain an average growth rate over five percent in 2021. “China has become the most important trading partner for most of the Asia-Pacific, and its central role in the RCEP will only cement this position. While the Trump Administration has moved to confront unfair trade practices by China, it has secured only limited new opportunities for...