This agreement was signed after eight years of efforts on November 15th, 2020. Fifteen countries participated on it: the members of ASEAN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam), from the “ASEAN plus three” (China, Japan and South Korea) and two from the “ASEAN plus six” (Australia and New Zealand). All of them together represent almost 30 percent of the global population and GDP. What are the consequences of it for the region and the world?
