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Groups laud PH's entry into RCEP

TWO business groups on Wednesday welcomed the ratification of the Philippines' entry into Regional Comprehensive Economic Partnership (RCEP), saying it will mean more trade opportunities for the country.

RCEP is a free trade agreement among the Asia-Pacific nations of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand and Vietnam.