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RCEP

Regional Comprehensive Economic Partnership (ASEAN+6)


Debunking government claims on RCEP
As Trade Justice Pilipinas articulated in an earlier statement: “RCEP will further prop up a broken economic model that we need to radically transform in favor of one that is more resilient.”
RCEP mega trade deal to take effect in January, Australia says
The RCEP, a major trade deal including Japan, China, ASEAN, Australia and other members, is set to take effect on Jan. 1, the Australian government has announced.
The Asia-Pacific’s free trade disagreements
It’s not just the different agreements, per se – the distinctly different models of FTAs are complicating trade regimes in the region.
Gov’t yet to consult with farmers on RCEP
The Federation of Free Farmers (FFF) urged the Senate to defer the ratification of the Regional Comprehensive Economic Partnership (RCEP) trade agreement pending the conduct of consultations with farmers.
Thailand ratifies RCEP pact
Thailand has already submitted the ratification for the Regional Comprehensive Economic Partnership (RCEP) trade pact and reaffirmed that the world’s biggest free trade deal will come into force on Jan 1 next year as scheduled.
China, Brunei call for RCEP trade agreement’s early entry into force at Asean meeting
Leaders of China and Brunei called for bringing the Regional Comprehensive Economic Partnership (RCEP) into force at an early date.
Thailand starts CPTPP application process driven by fears for inward investment and the economy
Just ahead of the ASEAN summit in Brunei came a strong indication that Thailand is taking steps to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Parliament passes RCEP enabling legislation, despite acknowledging flaws in the agreement
The government will now proceed with the ratification process by exchanging letters with RCEP governments as required by the agreement.
Miti: Malaysia in the process of amending Acts in order to ratify RCEP
The Malaysia government is currently refining the draft amendments to three Acts as it moves towards ratifying the Regional Comprehensive Economic Partnership (RCEP).
Brunei becomes sixth country to ratify RCEP
Brunei has ratified the Regional Comprehensive Economic Partnership, the world’s largest free trade agreement, almost one year after signing the 15-nation pact.
RoK submits bill on RCEP for parliamentary approval
The Republic of Korea (RoK) said on October 1 that it has submitted a bill to the National Assembly to ratify the Regional Comprehensive Economic Partnership (RCEP).
Piyush Goyal urges US firms to push for trade agreement
India’s Commerce Minister Piyush Goyal exhorted U.S. businesses to convince the administration of the need for a trade agreement that would enhance the bilateral flow of goods and services.
Vietnam set to ratify RCEP by November
Vietnam is taking final steps and scheduled to complete the ratification of the Regional Comprehensive Economic Partnership (RCEP) by November this year.
China will likely fail in its CPTPP bid — but it’s a ‘smart’ move against the US, say analysts
China will likely fail in its bid to join the Comprehensive and Progressive Trans-Pacific Partnership — but its move to submit an application highlighted the lack of U.S. economic policy in Asia-Pacific, said analysts.
Senate approves draft laws on RCEP, bilateral FTA with China
The senate on September 20 unanimously passed (38-0) two draft laws authorising the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement and the bilateral Cambodia-China Free Trade Agreement (CCFTA).
China’s entry to CPTPP trade pact is closer than you think
China’s entry to the CPTPP trade pact will not be easy, requiring the agreement of all existing members, including countries experiencing strained ties with Beijing such as Canada and Australia.
Malacanang ratifies RCEP, Senate for concurrence
Malacanang has ratified the Regional Comprehensive Economic Cooperation (RCEP), a mega free trade deal seeking to grant zero duty on goods traded among 15 countries that account for 29 percent of global gross domestic product.
RCEP edges closer to ratification in an Indonesia battered by COVID-19
Despite some obstacles, the country is slated to become the third Southeast Asian nation to ratify the mega trade pact. While there is still a chance that RCEP’s enabling legislation could get stuck in the DPR’s slow machinations.
S. Korea to expand FTAs with more emerging countries in S.E. Asia, Latin America
South Korea said it plans to implement or launch negotiations for a set of new FTAs with trading counterparts from Southeast Asia and Latin America this year, as part of efforts to reduce its reliance on major economies.
China and ASEAN push for timely RCEP start as Jan. 1 looms
Countries that have signed on to the East Asia-spanning RCEP trade deal are going full speed ahead with plans to implement it on Jan. 1, 2022, despite foot-dragging by a majority, with China and ASEAN especially keen, for their own reasons, on seeing the pact come into force soon.