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RCEP

Regional Comprehensive Economic Partnership (ASEAN+6)


Hong Kong close to joining RCEP agreement
Hong Kong expects to be joining the RCEP as the administration sets to discuss its inclusion with all 15 RCEP members next year. Economic analysts see the presence of Hong Kong in the free-trade bloc as a boost to the ASEAN economy.
FTA benefits debated at nat’l forum
While government officials have said that FTAs are important to attract investors to the country, some civil society organisations voiced concerns at the forum that the deals did not appear to be of any benefit to smallholder farmers.
PH seen ratifying economic treaty end-2022
President Ferdinand “Bongbong” Marcos Jr. is yet to make a decision on the ratification of the RCEP as he wants to ensure the trade agreement will not be detrimental to local industries.
Further studies underway on joining RCEP
The Bangladesh Trade and Tariff Commission (BTTC) is conducting further studies on possible outcomes of the country joining the world’s largest China-led trade deal, Regional Comprehensive Economic Partnership (RCEP).
Jokowi ratifies largest regional trade agreement
Indonesian President Joko Widodo or Jokowi, officially ratified the RCEP, a regional free trade agreement involving 10 ASEAN countries and five partner countries, which are Australia, New Zealand, China, Japan, and South Korea.
Ratification of RCEP and Indonesia-Korea CEPA is not democratic and violate public rights
The Civil Society Coalition for Economic Justice condemned the plenary session of the Indonesian House of Representatives which ratified the Regional Comprehensive Economic Partnership and the Indonesia-Korea CEPA agreement.
Indonesia parliament approves membership of China-backed regional trade deal
Indonesia’s parliament passed a law cementing the country’s membership of the China-backed Regional Comprehensive Economic Partnership (RCEP), making it the latest Southeast Asian nation to join the world’s biggest trade bloc.
China to implement negative list for cross-border trade in services
China will implement a negative list for cross-border trade in services, expand opening-up in the services sector and bolster digital trade to shore up economic growth, said government officials.
NEDA pushes RCEP ratification
The National Economic and Development Authority (NEDA) is pushing for the immediate ratification of the RCEP agreement to send a clear signal that the country is open to investments that will help generate more jobs.
Bangladesh moves to join RCEP
An inter-ministerial meeting agreed that the county will join the RCEP. Bangladesh may send a formal letter expressing interest to join the trade bloc if there is political agreement within the country.
Trade Minister discusses RCEP bill, IK-CEPA with House
Indonesia Trade Minister discussed the bill of the Ratification of the RCEP and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) with the House of Representatives (DPR RI).
PH cannot afford to reject RCEP
President-elect Marcos’ has expressed uncertainty about the RCEP and suggesting that the government might need "to take another look at it."
India sees a second chance to pivot to the Indo-Pacific in new group that excludes China
Except for India and the US, all other nations in IPEF are part of the RCEP rival bloc. India’s aversion to a pact which includes China has geopolitical considerations at its root.
Why is the agriculture sector against RCEP?
The current Senate should defer further action on RCEP. President-elect Bongbong Marcos and the incoming Congress can then review the agreement and craft the country’s trade policy, consistent with an overall plan for the revitalization and competitiveness of Philippine agriculture.
Indo-Pacific Economic Framework is not an FTA: 5 things to know
Tailored pact seeks to counter China’s clout while protecting US workers.
DTI bats for two more major trade deals
Aside from the Philippines’ pending accession to the mega free trade deal RCEP, the government is also strongly pushing for the country’s participation in the CPTPP and the Indo Pacific Economic Framework.
Malaysia touts trade access as US Indo-Pacific plan only a ’good beginning’
Malaysia views US President Joe Biden’s proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact.
‘Indo-Pacific Economic Framework’ not a blessing to Asia
IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains.
DTI still hopeful for RCEP concurrence this month
The Department of Trade and Industry (DTI) remains hopeful that the Senate will concur with the Regional Comprehensive Economic Partnership (RCEP), the Asean-led free trade deal with its five free trade partners, this month.
Farmer union rep vows Indian people will resist FTAs
Interview with Vijoo Krishnan, joint secretary of All India Kisan Sabha (or All India Peasants Union) regarding current India FTAs negotiations.