Relevant Competitive Tests:
4th Regional Comprehensive Economic Partnership (RCEP) Summit 2020 was virtually hosted by:
A. China
B. VietnamCorrect Answer
C. Singapore
D. None of these
Correct Option: B. Vietnam
Detailed Explanation & Reference:
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.
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