Asia remains an attractive destination for many businesses. The
Regional Comprehensive Economic Partnership (RCEP) – the
world's largest trade deal – will take effect in January
2022 and is expected to boost the region's post-pandemic
economic recovery.
RCEP, signed by 15 Asia Pacific countries, will cover a market
of more than 2.2 billion people or 30 per cent of the world's
population.
According to market research firm Euromonitor , Asia
Pacific's e-commerce sales is expected to double by 2025,
reaching $2 trillion.
There are clearly significant growth opportunities for
businesses embarking on international expansion in 2022. In
this article, we cover five reasons why going global should be a
part of your business plan.
