![](https://unctad.org/sites/default/files/2021-12/2021-12-15_RCEP_1200x675.jpg)
A new free trade agreement, covering 30.5% of the world economy, enters into force on 1 January 2022.
It eliminates 90% of tariffs among 15 East Asian countries: Thailand, China, Philippines, Australia, Brunei, Cambodia, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, New Zealand, Singapore, and Vietnam.
Read the full article on UNCTAD web site