Philippine senate ratifies RCEP trade agreement

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Philippine senate ratifies RCEP trade agreement

STORY: Philippine senate ratifies RCEP trade agreement DATELINE: Feb. 22, 2023 LENGTH: 00:02:26 LOCATION: Manila CATEGORY: POLITICS SHOTLIST: 1. various of Philippine senate announcing approval of RCEP (courtesy of the Senate of the Philippines) 2. various of the senate STORYLINE: The Philippine Senate on Tuesday ratified the Regional Comprehensive Economic Partnership (RCEP) trade agreement, meaning the ASEAN member has officially approved the pact. Twenty senators voted for the agreement, paving the way for ratifying the world's largest free trade area representing 30 percent of the global gross domestic product (GDP). One senator abstained, and one voted against it. The RCEP, which entered into force on Jan. 1, 2022, is a trade agreement involving Australia, China, Japan, South Korea, New Zealand, and the 10 members of the Association of Southeast Asian Nations -- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Philippine officials sai

  • Product Code
  • ILEA001242768
  • Registered date
  • 2023/2/22 00:00:00
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  • Xinhua / Kyodo News Images
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  • Xinhua News Agency.All Rights Reserved
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