
World’s largest free trade deal takes effect on first day of 2022
BEIJING: The Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest free trade agreement, entered into force on Saturday, injecting vitality into multilateralism and free trade amid the Covid-19 pandemic and global economic recovery. After the agreement takes effect, more than 90 per cent of merchandise trade among members that have approved the agreement will eventually be subject to zero







