Alternative to TPP

RCEP recognises the importance of being inclusive, especially to enable SMEs leverage on the agreement and cope with challenges arising from globalisation and trade liberalisation. SMEs (including micro-enterprises) make up more than 90% of business establishments across all RCEP participating countries and are important to every country’s endogenous development of their respective economy. At the same time, RCEP is committed to provide fair regional economic policies that mutually benefit both ASEAN and its FTA partners.

it may create one of the largest free trade Areas of the World including China, Japan, anderen all in all 16 countries.

Trumps America-first-Politics will get under preassure if the RCEP is concluded sucessfully.

The second large free grade Areal that has entered into force in the Pacific Area is the TPP- successor CPTPP without the US but with Canada, Australis, NZ and all IB all 7 (later up to 11 signatory States...)