Abstract
Subject and purpose of work
The participation of ASEAN member states (AMS) in the Regional Comprehensive Economic Partnership (RCEP) alters the international economic environment and reshapes their development ties with the European Union (EU).
Materials and methods
This article thus examines RCEP’s implications to EU, especially on trade, investment, and policy harmonization.
Results
In particular, it presents both gains and barriers to deeper ASEAN-EU relations. On the one hand, the opportunities lie in ASEAN’s enhanced bargaining position and prospective initiatives in digital economy and sustainable development. On the other hand, challenges may arise from regulatory disparities and competitive demands. In addition, ASEAN is required to strike a balance between its obligations with RCEP and the EU.
Conclusions
The article hance emphasizes the importance of strategic dialogue and cooperation to align standards, promote mutual benefits, and mainstream sustainable development in the evolving geopolitical context. It seeks to contribute to a profound understanding of how regional trade dynamics influence global development cooperation frameworks.