RCEP Ministers' Meeting in Manila Addresses Global Economic Headwinds
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
The fifth RCEP Ministers' Meeting was convened in Manila, the Philippines, to discuss how to enhance economic resilience among member parties. During the meeting, Yan Dong, China's Vice Minister of Commerce, spoke on the global economic landscape. He noted that global economic growth lacks momentum and that resurging unilateralism and protectionism are major concerns.
From english.news.cn
Why it matters
The discussions centered on the need to strengthen RCEP implementation and deepen trade and investment ties in the face of global uncertainties. Yan Dong stated that all parties must uphold multilateralism and accelerate the review and upgrading of the agreement to inject impetus into regional and global economic growth.
From english.news.cn
Who's involved
- Yan DongVice Minister of Commerce of China
- ChinaNation whose official attended the RCEP meeting
- PhilippinesHost country of the RCEP Ministers' Meeting
- Association of Southeast Asian NationsInternational organization whose mandate is discussed regarding RCEP
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChinaSpeculative
China could be influenced by the push for RCEP agenda items regarding global trade integration.
- Association of Southeast Asian NationsSpeculative
ASEAN could be affected by the push to deepen trade and economic resilience through RCEP.
Keep exploring
The entities involved
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Yan Dong
researcher (ORCID 0000-0002-6231-1942)
Nothing else this week.
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Ministry of Commerce
Saudi Arabian ministry
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Philippines
archipelagic country in Southeast Asia