RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges
The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.
RCEP: World's Largest Trade Agreement Faces Sustainability and Geopolitical Challenges
The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, encompassing 15 Asia-Pacific nations and impacting roughly one-third of global GDP and population, by reducing tariffs and non-tariff barriers.
Progress
44% Bias Score
RCEP's Positive Impact on Trade and Investment in Asia-Pacific
The Regional Comprehensive Economic Partnership (RCEP) boosted trade among its 15 member states to \$5.6 trillion in 2023, with China's trade with RCEP members reaching \$1.67 trillion in the first 11 months of 2024, marking a 4.4% year-on-year increase.
RCEP's Positive Impact on Trade and Investment in Asia-Pacific
The Regional Comprehensive Economic Partnership (RCEP) boosted trade among its 15 member states to \$5.6 trillion in 2023, with China's trade with RCEP members reaching \$1.67 trillion in the first 11 months of 2024, marking a 4.4% year-on-year increase.
Progress
56% Bias Score
Trump and Milei to Pursue US-Argentina Free Trade Agreement
President-elect Donald Trump's team confirmed a planned collaboration with Argentine President Javier Milei to pursue a US-Argentina free trade agreement in 2025, contrasting with the 2005 FTAA rejection and raising questions about Mercosur's role.
Trump and Milei to Pursue US-Argentina Free Trade Agreement
President-elect Donald Trump's team confirmed a planned collaboration with Argentine President Javier Milei to pursue a US-Argentina free trade agreement in 2025, contrasting with the 2005 FTAA rejection and raising questions about Mercosur's role.
Progress
44% Bias Score
Britain Joins CPTPP, Boosting Bloc's Global Economic Output
Britain joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday, increasing the trade bloc's membership to 12 and its share of global economic output to 15 percent, marking the first expansion since 2018.
Britain Joins CPTPP, Boosting Bloc's Global Economic Output
Britain joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday, increasing the trade bloc's membership to 12 and its share of global economic output to 15 percent, marking the first expansion since 2018.
Progress
0% Bias Score
EU, Mercosur finalize landmark free trade deal
The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people, despite opposition from France and concerns about environmental standards and fair competition for farmers.
EU, Mercosur finalize landmark free trade deal
The EU and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people, despite opposition from France and concerns about environmental standards and fair competition for farmers.
Progress
44% Bias Score
"EU and Mercosur Strengthen Trade Deal with Enhanced Environmental Provisions"
"The EU and Mercosur reached a revised trade agreement on Friday, strengthening environmental commitments to address previous concerns and paving the way for the creation of the world's largest free trade area encompassing over 722 million people."
"EU and Mercosur Strengthen Trade Deal with Enhanced Environmental Provisions"
"The EU and Mercosur reached a revised trade agreement on Friday, strengthening environmental commitments to address previous concerns and paving the way for the creation of the world's largest free trade area encompassing over 722 million people."
Progress
16% Bias Score
Ecuador-China Relations: 45 Years of Growth and Collaboration
Ecuador and China celebrate 45 years of diplomatic relations marked by a strengthened strategic partnership, the Belt and Road Initiative participation, and a new Free Trade Agreement boosting trade and investment, while focusing on youth development and cultural exchange.
Ecuador-China Relations: 45 Years of Growth and Collaboration
Ecuador and China celebrate 45 years of diplomatic relations marked by a strengthened strategic partnership, the Belt and Road Initiative participation, and a new Free Trade Agreement boosting trade and investment, while focusing on youth development and cultural exchange.
Progress
60% Bias Score
Faster Shipping Route Boosts South American Fruit Sales in China
A cargo ship carrying over 20,000 tons of South American fruits arrived in Shanghai on December 18, marking a new, faster trade route that cuts shipping time by over 20 percent, boosting fruit sales significantly in China.
Faster Shipping Route Boosts South American Fruit Sales in China
A cargo ship carrying over 20,000 tons of South American fruits arrived in Shanghai on December 18, marking a new, faster trade route that cuts shipping time by over 20 percent, boosting fruit sales significantly in China.
Progress
44% Bias Score
French Farmers Protest EU-Mercosur Trade Deal
French farmers protested the recently signed EU-Mercosur trade agreement near the Channel Tunnel due to concerns about increased imports of South American beef, poultry, and sugar, despite EU assurances of safeguards and overall economic benefits.
French Farmers Protest EU-Mercosur Trade Deal
French farmers protested the recently signed EU-Mercosur trade agreement near the Channel Tunnel due to concerns about increased imports of South American beef, poultry, and sugar, despite EU assurances of safeguards and overall economic benefits.
Progress
36% Bias Score
EU-Mercosur Trade Deal Finalized Amidst Strong Internal Opposition
Ursula von der Leyen announced the finalized EU-Mercosur free trade deal on December 6th, concluding 25 years of negotiations, despite significant opposition within the EU, particularly from France, Austria, Netherlands, Ireland, Poland, and now Italy, exposing deep divisions within the bloc and ero...
EU-Mercosur Trade Deal Finalized Amidst Strong Internal Opposition
Ursula von der Leyen announced the finalized EU-Mercosur free trade deal on December 6th, concluding 25 years of negotiations, despite significant opposition within the EU, particularly from France, Austria, Netherlands, Ireland, Poland, and now Italy, exposing deep divisions within the bloc and ero...
Progress
48% Bias Score
EU-Mercosur Free Trade Deal Finalized Despite French Opposition
The European Union and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people and nearly 25% of global GDP, despite significant opposition from France and other EU countries.
EU-Mercosur Free Trade Deal Finalized Despite French Opposition
The European Union and Mercosur finalized a free trade agreement after 25 years of negotiations, creating a massive free trade zone covering 780 million people and nearly 25% of global GDP, despite significant opposition from France and other EU countries.
Progress
40% Bias Score
"EU-Mercosur Trade Deal: Celebrated by Some, Feared by Others in Spain's Agriculture Sector"
"After 25 years, the EU and Mercosur are close to finalizing a free trade deal, creating the world's largest trade zone. This has caused division in Spain's agriculture sector, with some celebrating potential export growth (like the wine sector) while others fear negative impacts on livestock farmin...
"EU-Mercosur Trade Deal: Celebrated by Some, Feared by Others in Spain's Agriculture Sector"
"After 25 years, the EU and Mercosur are close to finalizing a free trade deal, creating the world's largest trade zone. This has caused division in Spain's agriculture sector, with some celebrating potential export growth (like the wine sector) while others fear negative impacts on livestock farmin...
Progress
40% Bias Score