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Sri Lanka and Bangladesh prepare to join RCEP
October 24, 2023
Four years after India withdrew from the Regional Comprehensive Economic Partnership Agreement (RCEP), its neighbors Sri Lanka and Bangladesh are now actively considering joining this large trade alliance to open up broader markets for their economies.RCEP is the largest trade agreement in Asia, which includes China, Japan, South Korea, ASEAN countries, Australia and New Zealand, and collectively accounts for the world’s largest trade agreement.