Singaporean Prime Minister Lawrence Wong recently highlighted the promising potential of formal cooperation between the Gulf Cooperation Council (GCC) and the Regional Comprehensive Economic Partnership (RCEP). Speaking at the ASEAN-China-GCC Economic Forum 2025, Wong emphasized that linking these two major blocs – which together account for about 35% of global GDP – can pave the way for strengthened trade ties and a more robust, rules-based trading system.
In a world that feels increasingly uncertain, this news is a breath of fresh air for young professionals and tech enthusiasts across South and Southeast Asia. Imagine new trade lanes sparking innovation and creating job opportunities in dynamic cities like Singapore and Jakarta 😎! It’s all about building a resilient global market that supports fairness and transparency.
Wong’s vision underscores the importance of boosting trade and investment between these regions, ensuring that economic growth benefits everyone. This effort could transform our interconnected economies and provide a stable platform for future advancements.
Reference(s):
Singaporean PM: RCEP-GCC cooperation constructive for trade system
cgtn.com
