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RCEP may result in change in regional trade and investment flows: Cambodian expert

Phnom Penh – Although the COVID-19 pandemic has interrupted the global supply chain and hurt regional economies, it may become a driving force for the signing of the Regional Comprehensive Economic Partnership (RCEP), said Chheang Vannarith, President of the Cambodian-based Asian Vision Institute (AVI).

During an interview with the Vietnam News Agency’s correspondents in Phnom Penh on November 10, the expert said the ravaging pandemic has forced countries to further integrate and connect their economies with others for quick recovery.

He noted that the trade agreement could lead to a comprehensive change in the flow of trade and investment in Asia-Pacific, promote intra-bloc supply chains and bolster trust in the regional business sector.

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