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New Reflections on RCEP and Regional Cooperation among China, Mongolia, and Russia

Jiayi Zhao, Tonglaga Huang, Ulziibayar Batdelger, Battsetseg Altangerel

Abstract


The signing of the Regional Comprehensive Economic Partnership (RCEP) signifies the establishment of the world’s largest free
trade area. RCEP has made breakthroughs in improving the regional trade and investment environment, promoting economic development,
and advancing trade liberalization. It is an open and inclusive free trade agreement, inviting more countries to participate. The implications of
RCEP for promoting regional cooperation among China, Mongolia, and Russia include improving cooperation mechanisms, advancing institutional construction, promoting financial cooperation, and e-commerce development, inviting Russia and Mongolia to participate in RCEP
economic activities with quasi-member treatment, and strengthening the training of high-quality professional comprehensive talents among
these countries.

Keywords


RCEP; China, Mongolia, Russia; Regional Economy

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References


[1] Yu, M., & Jiang, H. (2021). From RCEP to CPTPP: Differences, Challenges, and Countermeasures. International Economic Review, 2021(02), 129-144+7.

[2] Tang, H., & Xie, T. (2022). Pathways of Cross-border Industrial Cooperation between China and ASEAN under the RCEP Framework. People’s Forum, 2022(06), 90-92.

[3] An, J., Han, Y., & Zhang, Z. (2021). The Effectiveness of the China-Mongolia -Russia Economic Corridor and China’s Enhancement Strategy. Asia-Pacific Economy, 2021(02), 18-26. DOI: 10.16407/j.cnki.1000-6052. 2021. 02. 003.




DOI: http://dx.doi.org/10.18686/fm.v9i3.12763

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