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  1. Home

  2. About BFA

  3. Conferences & Meetings

  4. Press Center

  5. Members & Partners

  6. BFA Academy

  7. Areas of Focus

  8. Regional Cooperation

Members
Partners

Position: Home >> Press Center >> News

The Boao Forum for Asia Welcomes the Signing of the Regional Comprehensive Economic Partnership Agreement
Origin:Boao Forum for Asia      Time:2020-11-16 17:49:21    Views:133

On November 15, the Regional Comprehensive Economic Partnership agreement (RCEP) was officially signed, launching the free trade bloc with the largest participating population in the world, the most diverse membership, and the greatest development potential. This move is deemed as a landmark achievement in Asia's path to economic integration. The conclusion of the agreement demonstrates the spirit marked by openness, inclusiveness and mutually beneficial cooperation. It aligns with the development trend of multilateralism and free trade, and with the common interests of all countries and stakeholders in the bloc. RCEP is projected to play a critical role in boosting economic prosperity and common development of the Asia-Pacific region. The Boao Forum for Asia (BFA) extends welcome to and congratulations on the signing of RCEP, and appreciates the efforts of all parties to bring up the agreement.

Member countries of RCEP are all among BFA's initial countries. Since its inception, BFA has been committed to facilitating the economic integration of Asia and the Asia-Pacific region. And it will continue to work with all stakeholders to glean Asian wits, boost regional cooperation, and forge ahead towards building a community with a shared future for Asia and mankind.

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