RCEP injects new impetus to regional trade: S. Korean businessperson

STORY: RCEP injects new impetus to regional trade: S. Korean businessperson DATELINE: July 11, 2022 LENGTH: 00:01:23 LOCATION: DALIAN, China CATEGORY: ECONOMY/SOCIETY SHOTLIST: various of ports, ships, cargoSOUNDBITE (Korean): KIM SAMSOO, Director-general of Korea Trade-Investment Promotion Agency (KOTRA) Dalian office STORYLINE: A South Korean businessperson working in China says the Regional Comprehensive Economic Partnership (RCEP) agreement is injecting new impetus to regional trade. SOUNDBITE (Korean): KIM SAMSOO, Director-general of Korea Trade-Investment Promotion Agency (KOTRA) Dalian office "The RCEP agreement not only promotes trade exchanges, but also enhances investment. Why? Because many countries have signed the RCEP agreement. So if South Korean companies invest in Dalian, they can import raw materials from RCEP countries and then export their products to other RCEP countries. In this way, international trade and investment will become active. Recently, an international business distr