GT staff reporters May 18, 2023
The Customs Tariff Commission of the State Council announced on Monday China will implement agreed tariff rates under the Regional Comprehensive Economic Partnership (RCEP) for certain imports from the Philippines starting on June 2, when the trade pact is set to take effect in the Philippines after the...More
Following the opening of the China-Laos Railway, a growing number of cities in China immediately rolled out freight trains to Lao capital Vientiane, providing well-timed transport convenience for the Regional Comprehensive Economic Partnership (RCEP) pact which will be implemented within a month, while countries in Southeast Asia are...More
The final completion of the Regional Comprehensive Economic Partnership (RCEP) has moved one step closer after six ASEAN countries submitted their approval letter for the RCEP on October 28, the Deputy Prime Minister and Commerce Minister of Thailand, Jurin Laksanawisit, said on Monday. Experts said that the latest...More
The enhancing economic ties between China and the Association of Southeast Asian Nations (ASEAN) have drawn attention worldwide, especially against the backdrop of intensifying China-US tensions. Recently Japan-based Nikkei listed several new investment projects from China to ASEAN countries, saying that China outspends the US in order to...More
China said on Monday that it is one of the first countries to have completed ratification of the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade zone, planned by 15 countries in the Asia-Pacific region. China's Ministry of Commerce said that the country has completed the...More
The milestone signing of the Regional Comprehensive Economic Partnership (RCEP), the formation of the world's largest free trade zone that excludes the US and the EU, appears to have stoked a sense of urgency for Europe. Some European media outlets expressed concern over the possibility that the EU...More
The downward pressure posed by COVID-19 on the member countries of the proposed Regional Comprehensive Economic Partnership (RCEP), as well as China's relatively early economic recovery, may encourage progress on regional economic cooperation and lead to an agreement being signed by year-end, according to experts, but the process...More