EENI Global Business School
Regional Comprehensive Economic Partnership

Syllabus of the Subject: Regional Comprehensive Economic Partnership (RCEP)

  1. Introduction to the RCEP (Regional Comprehensive Economic Association) Free Trade Agreement
  2. The RCEP as an alternative to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), formerly called the Trans-Pacific Partnership Agreement
  3. Member countries: Australia, China, South Korea, Japan, New Zealand, ASEAN (Myanmar, Brunei, Cambodia, Philippines, Indonesia, Laos, Malaysia, Singapore, Thailand, Vietnam)
  4. Main advantages of the Regional Comprehensive Economic Association (RCEP)
  5. Origin of products in the Free Trade Agreement (FTA)




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Description - Regional Comprehensive Economic Partnership (RCEP)

The Regional Comprehensive Economic Association (RCEP) is the largest free trade area in the world

The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement formed by Australia, China, Japan, New Zealand, South Korea and all the ASEAN countries (Brunei Darussalam, Cambodia, Indonesia, Malaysia, Laos, Myanmar, the Philippines, Singapore, Thailand and Vietnam).

  1. Signed: November 2020
  2. Pending ratification (not in force)
  3. Singapore ratified the agreement in April 2021

The main objective of the Regional Comprehensive Economic Association (RCEP) is to achieve tariff reduction and trade facilitation between member countries.

  1. The Regional Comprehensive Economic Association (RCEP) is expected to eliminate 90% of import tariffs within 20 years
  2. Includes fishery and agricultural products, electronic commerce, rules of origin and intellectual property
  3. Issues related to services, environment, grants or labor are not included

The member countries of the Regional Comprehensive Economic Association (RCEP) represent:

  1. 30% of the Gross World Product
  2. 30% of the world's population

The Regional Comprehensive Economic Association (RCEP) is the first free trade agreement between Japan, China and South Korea.

  1. China, Japan and South Korea belong to ASEAN plus Three
  2. Australia and New Zealand belong to ASEAN plus Five

The Regional Comprehensive Economic Association (RCEP) is an agreement involving various civilisations: Islamic, Sinic and Buddhist.

ASEAN-China Free Trade Agreement

  1. Chinese Free Trade Agreements (FTA): Singapore, Pakistan, New Zealand, Peru, Costa Rica, Chile, APEC, Shanghai Cooperation Organisation, Asia-Pacific Trade Agreement, European Union, Andean Community...
  2. ASEAN Free Trade Agreements (FTA): ASEAN Free-Trade Area (AFTA), Indonesia-Malaysia-Thailand Growth Triangle, Mekong Economic Cooperation Strategy, East ASEAN Growth Area, Canada, Australia-New Zealand, India, European Union, South Korea, Russia, United States, Pakistan, Japan...
  3. Singaporean Free Trade Agreements: Indian-Ocean Rim Association, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Australia, China, Jordan, India, Japan, Korea, New Zealand, Panama, Peru, EFTA, United States...

中国-东盟自贸区



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