Asean summit: world’s No 1 trade bloc holds ‘pivotal’ meeting in face of tariffs

AI Summary
Leaders of the Regional Comprehensive Economic Partnership (RCEP), the world's largest trade bloc covering 30% of the global economy, convened for a "pivotal" meeting in Kuala Lumpur on Monday amid concerns over US tariffs threatening Asia-Pacific growth. The RCEP, signed in 2020 as an alternative to US protectionism and comprising ASEAN members along with China, Japan, South Korea, Australia, and New Zealand, aims to streamline trade and investments among its members but has faced challenges due to domestic protections. Malaysia's Prime Minister Anwar Ibrahim emphasized the strategic importance of RCEP at this critical juncture for the global economy.
Key Topics & Entities
Keywords
Sentiment Analysis
Source Transparency
This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
Topic Connections
Explore how the topics in this article connect to other news stories