RCEP Takes Effect for the Philippines
The Regional Comprehensive Economic Partnership, the pan-Pacific trade pact, officially took effect for the Philippines on June 2, making it the 15th country to become part of the deal. A Chinese Ministry of Commerce official said the full entry into…
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force of RCEP shows that the 15 countries have taken steps to support a free, fair and rules-based multilateral trading system, according to an unofficial translation.