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RCEP

Regional Comprehensive Economic Partnership (ASEAN+6)


Qingdao initiative launched to promote early implementation of RCEP deal
A joint initiative on promoting early implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement has been launched in the east China port city of Qingdao on April 25.
Pakistani envoy eyes closer trade ties with PH
Pakistan’s Ambassador to the Philippines said he would push for the inclusion of Pakistan in the RCEP to boost trade with the Philippines and other members of the Association of Southeast Asian Nations.
RCEP faces challenges as comprehensive China-US competition takes shape: experts at Boao forum
Professor at the East Asian Institute of the National University of Singapore, cautioned that geopolitics now have "too much influence" on world trade, which could pose "great challenges" to the further implementation of the trade deal.
Singapore ratifies mega free trade agreement RCEP
Singapore ratified the RCEP agreement on Friday, becoming the first participating country to do so in a multi-nation trade pact that brings together the 10 ASEAN economies as well as Australia, China, Japan, New Zealand and South Korea.
ACTU condemns Morrison Government for pressing ahead with new trade agreement with military regime in Myanmar
The ACTU has condemned the Federal Government at an inquiry hearing into Myanmar today for pressing ahead with ratifying the Regional Comprehensive Economic Partnership (RCEP) trade agreement which includes trade with Myanmar.
Digital trade deal ripe for the Indo-Pacific
US Trade Representative has raised digital trade as an area of potential future cooperation in her coversations thus far with Asian partners.
Cambodia, ASEAN likely to teeter off balance with RCEP
Four months after RCEP was signed, a study surfaces, with gloomy trade data, portending a shaky future for the Kingdom and ASEAN as a whole
Japan diet starts debates on RCEP free trade deal
The Diet, Japan’s parliament, on Friday started debates on whether to approve the Regional Comprehensive Economic Partnership free trade deal, which was agreed on by Japan and 14 other nations in November last year.
Cambodia’s trade deficit to worsen to $2.3B per year with RCEP, says UNCTAD expert
Cambodia’s trade balance is expected to worsen by $2.3 billion per annum or around 17 per cent due to the recently-signed RCEP, startling data from a joint study led by Dr Rashmi Banga of the UNCTAD revealed.
MITI: Malaysia to ratify RCEP by year-end
Malaysia is looking towards ratifying the Regional Comprehensive Economic Partnership (RCEP) agreement by the end of this year, the International Trade and Industry Ministry (MITI) deputy secretary-general (Industry) Datuk Seri Norazman Ayob said.
M’sia’s goods trade balance to worsen post-RCEP
Malaysia’s goods trade balance will decline by 36% or US$4 billion (RM16.4 billion) per annum, post the Regional Comprehensive Economic Partnership (RCEP), according to a report by the Global Development Policy Centre of Boston University.
The complexities of China’s CPTPP entry
There are several sticking points for new entrants into the CPTPP, especially China.
China says members of RCEP pact aim for deal to take effect from 2022
China is encouraging the early implementation of the Regional Comprehensive Economic Partnership, and members of the Asia-Pacific trade pact aim for it to take effect from Jan. 1, 2022.
ASEAN’s fate hangs in an RCEP balance
In a virtual press conference held today, new evidence from a UN economist shows that the RCEP, a mega FTA recently signed by ASEAN and five trading partners Australia, New Zealand, China, Japan and South Korea, will negatively impact ASEAN, especially its trade balance.
China on course to fulfill all RCEP obligations
China will be able to fully fulfill its obligations under the agreement of the Regional Comprehensive Economic Partnership when it enters into force, a commerce official said.
RCEP expected to bring ’explosive growth,’ fierce competition among parties
In a more open market, Chinese products will face fierce competition from low-end products made by Southeast Asian countries with comparative advantages in labor and land, and high-end products by developed countries like Japan and South Korea.
Can an Australia–India FTA succeed where RCEP failed?
Having secured free trade agreements (FTAs) with almost all key trading partners, Australia is honing in on a long elusive but lucrative market — India. Tensions with China, the need to find new sources of economic growth and government policy to diversify trading partners are pushing Australia into India’s arms.
China has officially ratified RCEP deal: commerce minister
The Chinese government has officially ratified the Regional Comprehensive Economic Partnership (RCEP) agreement, Minister of Commerce Wang Wentao said Monday.
China plans mega transport network to boost trade, economic growth
China’s plan to build a global rapid logistics circle for goods by 2035, which will likely boost China’s trade with major economies in the EU and Asia.
Japan cabinet endorses RCEP free trade deal
The Japanese government adopted at a cabinet meeting Wednesday a plan to approve a deal to forge the Regional Comprehensive Economic Partnership, which was agreed on by Japan and 14 other nations in November last year.