PROPOSED NEW SE ASIAN TRADE DEAL SHOULD BOOST TEXTILE SECTOR – BUT IMPACT WILL BE UNEVEN, SAY EXPERTS

EXPERTS have expressed mixed reactions on how a proposed Regional Comprehensive Economic Partnership (RCEP), now years in the making, could help revive the garment and textile sector in South East Asia. The 16-member bloc that includes the 10 ASEAN member countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam) and six other countries – Australia New Zealand, China, India, Japan and South Korea - have been negotiating the deal since November 2012. Agnes Vargas, regional head, Greater China & ASEAN ...


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