Far from ideal, but it does accelerate the needed shift towards a multipolar world order and deprives the US of influence in the region. The deal also does not restrict government subsidies or state-owned enterprises, allows each country to retain key tariffs in protection of what they may deem as especially sensitive or critical industries, and also includes technology transfers to the least developed members like Laos (a socialist country hardly anyone discusses), Myanmar, and Cambodia. Unlike the TPP, it does not include investor-state dispute settlements mechanisms or limit government sponsorship of industries. RCEP also appears to be less protective of intellectual property rights and services that cross borders.