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Regional Comprehensive Economic Partnership (RCEP) - Can It Be A Game Changer?

 

  • The Regional Comprehensive Economic Partnership (RCEP), is the world’s largest free-trade agreement (FTA) comprising 15 countries: 10 member states of the Association of Southeast Asian Nations (ASEAN) – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and five of their FTA partners (Australia, China, Japan, New Zealand and South Korea).
  • The RCEP’s negotiation is an ASEAN driven initiative, which was launched during the 21st ASEAN Summit in Phnom Penh, Cambodia in November 2012. It is the second mega-regional FTA to involve the Asia-Pacific region after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
  • RCEP was built upon the existing ASEAN+1 FTAs aims to strengthen economic linkages, to enhance trade and investment related activities as well as contribute to minimising development gaps among the parties.
  • RCEP negotiations are to achieve a modern, comprehensive, high-quality, and mutually beneficial economic partnership agreement among the ASEAN member states and ASEAN’s FTA partners.
  • RCEP will only come into force after 9 signatory countries (a minimum of 6 from ASEAN, 3 from non-ASEAN) have ratified the agreement, which may take more than a year.

 

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《你怎么说》 What Say You

在疫/意/议 2021财案 BELANJAWAN 2021: PERKASA EKONOMI

疫情冲击我国经济,政府采取6R策略应对,2021财案是此策略中的第5个阶段,即振兴经济。另外,刚签署的区域全面经济伙伴关系协定(RCEP),会否是推动我国朝向经济复苏的契机?

嘉宾:李兴裕先生

主持人:谢劲程 JC CHEAH 徐晓芬 SEOW FUN