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RCEP

Regional Comprehensive Economic Partnership (ASEAN+6)


India-Oman FTA may be reality soon; legal vetting of deal’s text underway
India is keen to finalise the trade pact before the model code of conduct (MCC) kicks-in ahead of its general elections, making the timing of the finalisation of the proposed deal crucial
Sri Lanka to join Regional Comprehensive Economic Partnership – President
President Ranil Wickremesinghe announced Sri Lanka’s upcoming participation in the RCEP, highlighting the benefits of connecting with the European Union’s trade system.
India did well in not joining RCEP
In the two years since it came into force, RCEP has benefited China much more than other member nations.
Indonesia implemented three trade agreements in 2023: Minister
The Indonesian government started implementing three international trade agreements involving the United Arab Emirates, the Association of Southeast Asian Nations, and South Korea in 2023.
India takes cautionary stance amid Bangladesh-China trade bloc negotiations
India is evaluating the potential consequences before accelerating FTA negotiations with Bangladesh
Sri Lanka eyeing investment only deal with India, RCEP hits roadblock: President
Sri Lanka has started discussions on separate agreements on investment and trade with India and an attempt to join the Regional Comprehensive Economic Partnership has been hit by a lack of rules to admit new members.
Bangladesh postpones joining China-led RCEP, other blocs
Bangladesh will not join the Regional Comprehensive Economic Partnership (RCEP), world’s largest regional free-trade bloc led by China, or any other grouping before the forthcoming general election.
Procedures for countries to join RCEP to be ready by 2024
The ASEAN Secretariat said that the preliminary work to allow more countries to join the world’s largest trade deal RCEP was underway, with the procedures for the accession to possibly be ready by next year.
RCEP states already looking to expand trade participation
At a summit on the deal (RCEP) in Indonesia, a review of its implementation is expected to be conducted, with member states agreeing on new measures to intensify intra-deal trade and investment flows.
Go-ahead awaited for Bangladesh’s accession to RCEP bloc
The go-ahead is awaited from the prime minister’s office for Bangladesh’s accession to an emerging economic bloc encompassing the Asia-Pacific region that represents a third of world GDP.
Sri Lanka to join RCEP, signs FTAs with ASEAN countries once debt restructuring completed
Sri Lanka will join the Regional Comprehensive Economic Partnership Agreement (RCEP) and enter Free Trade Agreements (FTA) with Association of Southeast Asian Nations (ASEAN) countries after debt restructuring is complete.
India seems unlikely to return to RCEP due to China
Original negotiating member India is still unlikely to return to the world’s largest trade deal Regional Comprehensive Economic Partnership (RCEP) as it fears it still cannot compete with an influx of Chinese imports, according to a former World Bank executive.
Bangladesh explores to join RCEP eyeing trade in Indo-Pacific region
India’s eastern neighbour Bangladesh is exploring to join Regional Comprehensive Economic Partnership (RCEP) , eyeing to be part of the trade bloc in the Indo-Pacific region.
Sri Lanka seeks entry into RCEP trade deal
Sri Lanka has launched a fact-finding mission to explore avenues for an early entry into the Regional Comprehensive Economic Partnership free trade agreement, a statement from the foreign ministry said .
Public sector in Africa told not to be excited yet about AfCFTA’s progress
Mr David Ofosu-Dorte, Senior Partner, AB and David Africa, has urged African public sector players not to be too excited yet about the African Continental Free Trade Area’s (AfCFTA) progress.
Sri Lanka and Bangladesh to resume talks for bilateral trade deal this month
Sri Lanka and Bangladesh plan to hold an introductory meeting virtually on 29th of this month to commence negotiations for the proposed preferential trade agreement (PTA), which is expected to eventually lead to a free trade agreement (FTA).
RCEP to take effect in PHL by June — official
The RCEP will likely take effect for the Philippines around June, a Trade official said. This as the Department of Trade and Industry (DTI) aims to deposit the instrument of ratification for the Philippines’ participation in the mega-trade deal by April 3.
Philippines’ RCEP ratification: a deadly blow for the country’s agriculture
The country’s economic sovereignty that will supposedly provide a ground for the flourishing of local agriculture and production has been once again gnawed by global corporate interests.
No to RCEP! don’t make the Philippines an “ukay-ukay” Republic!!
The Senate should withhold its concurrence with the treaty until the necessary policies, strategies, and programs are emplaced so that the RCEP benefits, and does not harm, the agricultural sector and the economy as a whole.
Senate cements Philippines’ membership in RCEP trade deal
The Senate on Tuesday night concurred with the ratification of the Philippines’ membership in the Regional Comprehensive Economic Partnership Agreement or RCEP, the latest country in Southeast Asia to join the world’s largest free trade deal.