Philippines to Focus on China-Led RCEP Instead of TPP

With the United States becoming more protectionist and President Rodrigo Duterte’s foreign policy pivot, the administration said it is likely to shelve plans to join the US-led Trans-Pacific Partnership (TPP) and shift focus instead to the China-led Regional Comprehensive Economic Partnership (RCEP). The RCEP includes the ASEAN-10, in addition to China, India, Japan, Korea, Australia, and New Zealand, countries with which…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.

Advertisements