Regional Comprehensive Economic Partnership

The Regional Comprehensive Economic Partnership (RCEP AR-sep) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam. The 15 member countries account for about 30% of the world's population (2.2 billion people) and 30% of global GDP ($29.7 trillion), making it the largest trade bloc in history.

Source: Wikipedia — Regional Comprehensive Economic Partnership (CC BY-SA 4.0)