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The Future of Asia 2019

Two big trade pacts offer antidote to tension, Brunei minister says

Amin says CPTPP and RCEP are complementary and meet needs of modern business

Minister at The Prime Minister's Office and Minister of Finance and Economy II in Brunei Darusslam, Amin Liew Abdullah speaks during 25 th international conference on The Future of Asia on May 30, in Tokyo. (Photo by Yuki Nakao)

TOKYO -- Two sweeping multilateral partnership agreements offer hope for furthering Asian economic integration and promoting cooperation amid the trade tensions and inward-looking policies gripping some governments, Brunei's Second Finance and Economy Minister Amin Liew Abdullah said on Thursday.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the proposed Regional Comprehensive Economic Partnership (RCEP) complement each other, Amin told Nikkei's Future of Asia conference. Both, he said, emphasize trade rules and facilitate progressive reforms that reflect the changing needs and nature of businesses and investors.

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