RCEP good for exports and investment

RCEP provides a very good and timely prospect to jump-start the two important engines of growth, export and investment, said Piriya Khempon, former ambassador of Thailand to China, while addressing the Regional Comprehensive Economic Partnership Media & Think Tank Forum via video on Sunday.

In the region, RCEP will facilitate and ease outflow of exports and expand market access among members. It will enhance other economic growth engines, such as the flow of investment and service industries, he said.

RCEP will add value to this free trade agreement in further expanding market access among 15 member countries, the former ambassador added.