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The RCEP, A Boost for Trade and Central Bank Digital Currencies in Asia

One of the world’s largest free-trade deals in history, the Regional Comprehensive Economic Partnership (RCEP),was signed last November 15, after eight years of negotiations. It is composed of fifteen countries (all ten members of ASEAN -Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam-, plus China, Japan, South Korea, Australia and New Zealand), that will create a free trade area encompassing 28% of the global economy, 30% of the global population and reaching 2.2 billion consumers.

In this article, Dr Oriol Caudevilla writes about how the RCEP could be a boost for trade and Central Bank Digital Currencies in Asia.

 

Oriol Caudevilla
Oriol works as a Management Consultant at AirHelp, Advisor for a Hong Kong-based FinTech company, ixFintech, Strategic Advisor at a Hong Kong-based WealthTech company, ETFCool, Strategic Advisor at ScallopX and FinTech Mentor at F10 Incubator & Accelerator, Singapore. Oriol is member of the Blockchain, Digital Banking and Greater Bay Area Committees at the Fintech Association of Hong Kong (FTAHK), as well as the Singapore Fintech Association (SFA). He is Fellow at the Digital Euro Association (D€A) and at the Singapore University of Social Sciences (SUSS), and Member of the Advisory Council at the Blockchain Council.