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Now Asia is the region with the largest market in the world, surpassing North America

Published on Monday, January 18, 2021

Now Asia is the region with the largest market in the world, surpassing North America

RCEP is a trade agreement between countries in Asia and Oceania, which forms the largest trading bloc in the world measured by its population, GDP and amount of international trade. The treaty was signed on November 15, but the ratification of each of the member countries is still pending.

Key points

  • Key points:
  • Mexico already has a commercial relationship with several of these countries
  • In the RCEP region, the commercialization of heavy industry stands out

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