4315World Current AffairsMedium
4th Regional Comprehensive Economic Partnership (RCEP) Summit 2020 was virtually hosted by:
ASingapore
BVietnam
CNone of these
DChina
Correct answer
B. Vietnam
Explanation
Unifying the preexisting bilateral agreements between the 10-member ASEAN and five of its major trade partners, the RCEP was signed on 15 November 2020 at a virtual ASEAN Summit hosted by Vietnam, and will take effect as soon as it has been ratified by at least six ASEAN and three non-ASEAN signatories.