Regional Comprehensive Economic Partnership

Definition of Regional Comprehensive Economic Partnership (RCEP)

Within the context of international organizations, the following is a brief meaning of regional comprehensive economic partnership (rcep): Regional Comprehensive Economic Partnership (RCEP) is being negotiated amongst the ASEAN (Association of Southeast Asian Nations) trading bloc – Singapore, Vietnam, Indonesia, Malaysia, Laos, Cambodia, Brunei, Myanmar, Bangkok and Philippines with six of its partner countries – China, Japan, India, Australia, New Zealand and South Korea. RCEP negotiations were formally launched in November 2012 at the ASEAN Summit in Cambodia.

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See Also

• International Organization