RCEP fostering development in Southeast Asia

The Association of Southeast Asian Nations stands at the center of a dynamic economic tapestry in Asia and Oceania. Flanked by the industrial powerhouses of China, Japan and the Republic of Korea, ASEAN has been playing a pivotal role in fostering regional economic integration. The three countries and ASEAN, with the help of the Regional Comprehensive Economic Partnership agreement, are facilitating the economic development of Southeast Asia through trade, investment, technological innovation, and supply chain integration.