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China will complete the necessary domestic approval procedures for the Regional Comprehensive Economic Partnership agreement within six months, the Ministry of Commerce said.

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China's process to ratify the Regional Comprehensive Economic Partnership (RCEP), beginning in December 2020, has been smooth, and the government aims to complete it within six months, Ministry of Commerce (MOFCOM) spokesperson Gao Feng said in Beijing on Thursday.

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The newly signed Regional Comprehensive Economic Partnership (RCEP) Agreement among 15 Asia-Pacific nations provides easier conditions for Vietnamese exporters to meet rules of origin.

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The recently concluded Comprehensive Regional Economic Partnership (RCEP) agreement is a proof of resolve of Malaysia, together with ASEAN member countries and the five ASEAN Free-Trade Agreement (FTA) partners, to continue strengthening regional economic integration, facilitating cross-border trade and investment, and reducing non-tariff barriers, a Malaysian minister has said.

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The signing of the Regional Comprehensive Economic Partnership (RCEP) agreement marked a significant milestone in the international economic integration process of Vietnam and all countries involved in the negotiations,” Minister of Industry and Trade Tran Tuan Anh told the media.

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The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.

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The Department of Trade and Industry (DTI) eyes the country’s ratification of the Regional Comprehensive Economic Partnership (RCEP) next year before politicians get busy for the national elections in 2022.

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Southeast Asian nations leverage agreement to balance great powers US and China

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While Britain and the EU struggle to come to terms, 15 Asia-Pacific countries quietly signed the biggest free-trade deal in history. That’s a welcome development, says Simon Wilson

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On 15 November 2020, 15 nations (the 10 ASEAN countries, Australia, China, Japan, New Zealand and South Korea) signed the Regional Comprehensive Economic Partnership (RCEP). The clamour around India’s decision to walk away from the mega trade deal was loud.

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