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Bookmark or Share- What is RCEP, the world’s biggest trade deal? - The World Economic ForumRCEP is a big deal, literally and metaphorically. When it’s signed off, the Regional Comprehensive Economic Partnership will create a free trade zone covering about 30% of the world’s gross domestic product, trade and population.
- The world’s free trade areas - The World Economic ForumThe EU strives to remove non-tariff barriers to trade by applying the same rules and regulations to all of its member states. The region-wide regulations on everything from working hours to packaging are an attempt to create a level playing field. This is not necessarily the case in a free trade area.
- These are the world’s biggest trading blocs | World Economic ForumThe free trade area is expected to expand Africa’s economy to $29 trillion by 2050. It also has the potential to raise incomes by 9% by 2035 and lift 50 million people out of extreme poverty, the World Bank says.
- The impact of China’s new free trade zone | World Economic Forumb. Trade facilitation. In the past year, the Customs, Inspection and Quarantine Bureau, and Maritime Affairs Administration of SPFTZ have provided more than 60 new policies on trade facilitation. The basic policy is “first-line decontrolled; second-line controlled safely and efficiently, and free movement within the free trade zone”.
- AfCFTA: A New Era for Global Business and Investment in AfricaThe African Continental Free Trade Area (AfCFTA), established in 2018, will create the world’s largest free trade area, bringing transformative change and tremendous opportunity to African economies and business environments. Global businesses have an important role to play in accelerating the implementation of the AfCFTA. This report outlines high-potential sectors, initiatives to support ...
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