Geopolitics Quarterly

Geopolitics Quarterly

Regional Comprehensive Economic Partnership (RCEP) as Geopolitical Strategy

Document Type : Original Article

Authors
Muhammad Aiman Farhan Bin Mohd Fadzili 1
Hafiz Hafizi Bin Norependi 2
Adliesyamil Yasin Bin Azman 3
Wong Yuki 3
Muhamad Sayuti Hassan 4
Fatima Abdel Rahim Ali 5
1 Faculty of Law, Universiti Kebangsaan, Malaysia.
2 Faculty of Law, Universiti Kebangsaan, Malaysia
3 - Faculty of Law, Universiti Kebangsaan Malaysia.
4 Faculty of Law, Universiti Kebangsaan Malaysia.
5 Al-Mustaqbal University, Iraq
10.22034/igq.2024.476068.1946
Abstract
The Regional Comprehensive Economic Partnership (RCEP) is a ground-breaking free trade agreement that encompasses fifteen Asia-Pacific nations, including significant economies such as China, Japan, South Korea, and Australia. The Regional Comprehensive Economic Partnership (RCEP), which was signed in 2020, is one of the most significant free trade agreements in the world. It is comprised of 15 nations, including the ASEAN countries. The primary objective of the paper is to investigate the RCEP as a geopolitical strategy, examining its formation and significance, as well as elucidate on the issues and challenges associated with its implementation in order to effectively promote global trade and regional stability. This article also examines the strategic benefits that are crucial to RCEP member’s interests and the motivations that underlie their participation. The paper employs a doctrinal legal approach to analyse the strategic significance, implications, and formulation of the RCEP. The results indicate that the RCEP substantially improves regional economic integration, reduces economic dependencies, and decreases susceptibility to external trade conflicts. China’s leadership in RCEP, which establishes it as a central participant in regional trade and counters Western influence, supports the Belt and Road Initiative. The agreement enhances intra-regional trade, reduces Western leverage, and cultivates a collaborative framework that transforms the geopolitical landscape of the Asia-Pacific region.
Keywords
Regional Comprehensive Economic Partnership (RCEP)
Geopolitical Dynamics
Economic Integration
Counterbalance
Trade
Subjects
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Geopolitics Quarterly
Volume 20, Special Issue
Autumn 2024
Pages 1-22

  • Receive Date 26 September 2024
  • Revise Date 05 November 2024
  • Accept Date 02 December 2024