The Regional Comprehensive Economic Partnership (RCEP), taking effect on Saturday, shines rays of hope through the dark clouds of unilateralism and protectionism.

From cost savings to greater market access, there will be clear benefits for Singapore businesses as the world’s largest trade deal comes into force, the city-state’s trade minister said on Tuesday.

On January 1, 2022, the Regional Comprehensive Economic Partnership (RCEP) will take effect and is envisioned to serve as a key engine of trade and investment and, and promote a more inclusive economic recovery for the entire region.

When it enters into force, the 15-member partnership will be doubly historic

A group of farmers, fishers, civil society organizations, and the private sector has expressed opposition to the ratification of the world’s largest free trade agreement—the Regional Comprehensive Economic Partnership (RCEP).

Australia has ratified RCEP, ensuring that our farmers and businesses are able to access the benefits of what will be the world’s the largest free trade agreement.

The world’s largest trade deal — which includes China and excludes the U.S. — will come into force in January next year.

Thailand has already submitted the ratification for the Regional Comprehensive Economic Partnership (RCEP) trade pact.

Intellectual Property As Regulations of RCEP and its relation with Vietnam

The government is currently refining the draft amendments to three Acts as it moves towards ratifying RCEP.