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RCEP now in effect in PH | The Final Word

2023-06-02 1 Dailymotion

The world's largest trade pact takes effect in the country today.<br /><br />The Regional Comprehensive Economic Partnership removes tariffs on 90 percent of imported goods among signatory nations within 20 years.<br /><br />RCEP covers the Association of Southeast Asian Nations -- Australia, China, Japan, New Zealand, and South Korea.<br /><br />The government stresses safeguards are in place against possible spikes in imports due to the deal.<br /><br />Joining us now on the Final Word is Trade Secretary Alfredo Pascual.<br /><br />Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/<br /><br />Follow our social media pages:<br /><br />• Facebook: https://www.facebook.com/CNNPhilippines<br />• Instagram: https://www.instagram.com/cnnphilippines/<br />• Twitter: https://twitter.com/cnnphilippines

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