During the ASEAN‑China‑GCC Economic Forum 2025, Singaporean PM Lawrence Wong shared his vision for a closer link between the Gulf Cooperation Council (GCC) and the Regional Comprehensive Economic Partnership (RCEP). He stressed that a formal partnership could stimulate trade, boost investment, and reinforce a rules‑based trading system—an essential move in today’s unpredictable global environment.
RCEP, which comprises 15 members including ASEAN countries, China, Japan, South Korea, Australia, and New Zealand, together with the GCC nations such as Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman, and Bahrain, represent about 35% of global GDP. This impressive combined economic heft promises substantial benefits that could energize markets and open doors for young professionals and innovators worldwide.
Wong’s remarks resonate well with a digitally savvy audience eager to catch the latest economic trends and market opportunities. As young entrepreneurs and news enthusiasts from Latin America and beyond seek dynamic insights, this initiative might just be the spark to ignite more robust global trade ties. 🚀🌍
Reference(s):
Singaporean PM: RCEP-GCC cooperation constructive for trade system
cgtn.com
