Turkey has bilateral and multilateral agreements: it is a pioneering agreement – its importance is not only economic, but also geopolitical. The Asian Trade Pact reflects China`s growing centrality in defining global trade rules and the growing marginalization of the United States. Changes in U.S. trade policy have fueled efforts to conclude the deal Analysts expect RCEP to boost trade and production in Asia and eventually generate an additional $209 billion in global revenue annually. Most of these benefits will benefit the three main economies of China, Japan and Korea. However, the agreement will divert trade away from non-participants, likely resulting in economic losses for the United States. .