Global lawyers are not expecting to see much of an impact from last week’s signing by 15 Asia-Pacific nations of the world’s largest trade agreement, with some describing it as more symbolic than effective.
The Regional Comprehensive Economic Partnership (RCEP), signed virtually on Nov. 15 by Australia, China, Japan, South Korea, New Zealand, and the 10 members of the Association of Southeast Asian Nations (ASEAN), could add almost $186 billion annually to the global economy by 2030, economists say. But the legal industry’s reaction to the trade pact has been lukewarm, at best.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]