Asia is looking to complete a major economic agreement by early 2017 that offers the chance to lift its growth closer to potential by locking in domestic reform and liberalisation through regional cooperation. The Regional Comprehensive Economic Partnership (RCEP) agreement is Asia’s response to the Trans-Pacific Partnership (TPP) and heralds the next phase in Asian economic cooperation. But RCEP is qualitatively different from past cooperation in Asia — more comprehensive in scope than any of its antecedents — and its delivery will require enormous political will.
http://www.eastasiaforum.org/2016/05/02/seizing-the-moment-in-asian-economic-diplomacy/
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