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Opening doors or building fences? Regional trends in trade policy

The trade policy landscape in the Asia-Pacific region is continuing to evolve rapidly. Progress in the two “megaregional” trade agreements – the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP), with each involving several Asia-Pacific economies – holds out considerable promise for further trade and investment liberalization (see chapter 6 for more details). Several bilateral trade agreements between economies in the region have also been concluded recently or are under negotiation.

Related Subject(s): International Trade and Finance
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