Regional Comprehensive Economic Partnership (ASEAN+6)
The fifth round of Regional Comprehensive Economic Partnership (RCEP) talks is set to commence in June, barely two months after the last round, a sign that the efforts by 16 Asian countries to create the world’s biggest free trade area are gaining momentum.
Far from being a means to open up the world to a further intensification of trade, TPP and TTIP will carve up the world into two or more power blocs waging economic war with one another.
Officials from 16 economies in Asia and Oceania gathered in Kuala Lumpur on Monday to start a third round of negotiations on establishing a regional free trade agreement (RCEP).
Taiwan’s president, Ma Ying-jeou, has recently turned aggressive in seeking to join the Trans-Pacific Partnership talks and could learn from Korea’s strategy.
The largest group of businessmen in the Philippines is preparing for new trade agreements that will enable the country to join the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership.
Taiwan is building up a free trade zone to counter the threat of being marginalised in the wake of trade deals being negotiated by major economies and regional Asian neighbours (TPP and RCEP).
Sixteen Asia-Pacific countries started substantive discussions on a proposed regional free trade agreement (RCEP) at a four-day working-level meeting in Brisbane, Australia.
The 16 economic ministers of Asean+6 have agreed to finalise the Regional Comprehensive Economic Partnership by 2015, when the Asean Economic Community takes full effect.
Asean and its six free trade agreement partners are eyeing more tariff cuts under the Regional Comprehensive Economic Partnership (RCEP), with duties on vehicles possibly to be a "hot topic" in the negotiations, Philippine Trade Secretary Gregory L. Domingo said yesterday.
The Regional Comprehensive Economic Partnership is not a bloc to compete with the ongoing negotiations of the Trans-Pacific Partnership Agreement, Malaysia’s International Trade and Industry Minister Datuk Seri Mustapa Mohamed said today.
Following the recent launch of free trade negotiations between the United States and the European Union, there are now three mega-trade-and-investment liberalization blocs being shaped in various parts of the world.
India overcame resistance from China to become a part of the Regional Comprehensive Economic Partnership (RCEP) agreement, an Asean + 6 grouping which is set to emerge as one of the most significant free trading blocs in the world, government sources confirmed.
Unless there is enough political will to close potential loopholes disguised as “flexibility” and pursue reforms deeper than those ever before attempted, RCEP may be seen as serving the geopolitical interests of a few players, to little economic effect.
President Ma Ying-jeou yesterday reiterated the administration’s hope to join the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP), in order to allow Taiwan to effectively take part in regional economic integration.
A senior Chinese trade official on Thursday called for the integration of free trade agreements in East Asia, while experts called for an acceleration of domestic reforms geared toward a market-oriented economy to facilitate the establishment of trade pacts.
Some leading political economists have lauded China’s renewed interest in the controversial Trans-Pacific Partnership (TPP), telling Xinhua that China would enjoy more leverage on the tenor of negotiations "from the inside."
Under its new trade policy, Korea’s top priority will be to conclude negotiations for a bilateral FTA with China at the earliest date possible, while also seeking to speed up negotiations for the Regional Comprehensive Economic Partnership (RCEP)
The pace to negotiate bilateral or plurilateral free trade agreements has been accelerating rapidly over the last month as the big trading blocs seem eager to position themselves in the race for market access and standards. Special report for Intellectual Property Watch.
Separate multiparty free-trade talks in Asia backed by China and the United States are generally seen as a rivalry between the world’s two biggest economies, but some experts say the agreements could prove complementary and ultimately converge.
China and 15 other Asia-Pacific nations have agreed to launch a first round of talks next month aimed at creating one of the world’s largest trading blocs. China is trying to outpace a similar effort by the US.