Economic and technical cooperation chapters will be the firrst two chapters to be concluded during the 13th round of negotiations, ahead of plans to seal the deal by year-end. "Negotiations on consolidated text are being expedited," he told an Asean Economic Community (AEC) 2025 dialogue session. The RCEP regional trade agreement involves 10 Asean members plus China, Japan, Korea, India, Australia and New Zealand, which together contribute 30 per cent of global GDP.
WEF Launches ASEAN Regional Business Council, Dato’ Sri Nazir Razak Appointed As Its Inaugural Chair
Dato’ Sri Nazir Razak has been appointed the inaugural chair of the World Economic Forum’s (WEF) Regional Business Council (RBC) which was launched on 25 October 2016 in Hanoi, Vietnam. The RBC is made up of 25 Asean businesses and 30 global companies, who will focus on areas such as building infrastructure, promoting cross-border trade and investment in the region, developing a digital economy, examining the future of jobs and industry in the region, and championing the principles of inclusive growth.