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Author:
Publisher:
ISBN: 9789284677917
Category :
Languages : en
Pages :
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Book Description
15 countries signed the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020. Upon ratification, it will become the largest preferential trade agreement by economic output in the world, with the potential to increase trade and integration among the economies of East Asia. This briefing presents the structure and the content of the agreement, its relationship to existing cooperation in the region, and discusses important economic and political implications. Several notable takeaways stand out. First, we highlight the economic and political significance of RCEP for the region stressing that it is the culmination of past efforts by East Asian countries to pursue economic integration. Second, we show that the agreement itself is considerably less ambitious than comparable agreements such as the Comprehensive and Progressive Transpacific Partnership (CPTPP) and European Union Free Trade Agreements with Asian countries. Third, we document that the final legal text itself does not seem to be dominated by any specific party. Fourth, despite its lack of ambition, the agreement is still expected to provide substantial trade gains for signatories, especially if it helps to consolidate global supply chains based in the region. Fifth, because of its structure, it is likely to be an important focal point for trade liberalization in the future providing European companies with important opportunities.
Author:
Publisher:
ISBN: 9789284677917
Category :
Languages : en
Pages :
Get Book Here
Book Description
15 countries signed the Regional Comprehensive Economic Partnership (RCEP) on 15 November 2020. Upon ratification, it will become the largest preferential trade agreement by economic output in the world, with the potential to increase trade and integration among the economies of East Asia. This briefing presents the structure and the content of the agreement, its relationship to existing cooperation in the region, and discusses important economic and political implications. Several notable takeaways stand out. First, we highlight the economic and political significance of RCEP for the region stressing that it is the culmination of past efforts by East Asian countries to pursue economic integration. Second, we show that the agreement itself is considerably less ambitious than comparable agreements such as the Comprehensive and Progressive Transpacific Partnership (CPTPP) and European Union Free Trade Agreements with Asian countries. Third, we document that the final legal text itself does not seem to be dominated by any specific party. Fourth, despite its lack of ambition, the agreement is still expected to provide substantial trade gains for signatories, especially if it helps to consolidate global supply chains based in the region. Fifth, because of its structure, it is likely to be an important focal point for trade liberalization in the future providing European companies with important opportunities.
Author: Peter K. Yu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In November 2020, the Association of Southeast Asian Nations (ASEAN) and its five neighbors (Australia, China, Japan, New Zealand and South Korea) signed the Regional Comprehensive Economic Partnership (RCEP) Agreement. The Agreement entered into force on January 1, 2022. Chapter 11, which is devoted to intellectual property, contains 14 sections: (A) general provisions and basic principles; (B) copyright and related rights; (C) trademarks; (D) geographical indications; (E) patents; (F) industrial designs; (G) genetic resources, traditional knowledge and folklore; (H) unfair competition; (I) country names; (J) enforcement of intellectual property rights; (K) cooperation and consultation; (L) transparency; (M) transition periods and technical assistance; and (N) procedural matters. This short essay provides an overview of the intellectual property provisions in the RCEP Agreement.
Author: Mahani Hamdan
Publisher: Bentham Science Publishers
ISBN: 9789815123241
Category : Political Science
Languages : en
Pages : 0
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Book Description
The Regional Comprehensive Economic Partnership(RCEP) is a free-trade deal between 10 ASEAN member states and Australia, China, Japan, New Zealand, and South Korea. It is the world's biggest regionaltrade deal, and it will create the world's most populous trade area. Thisedited collection features 10 contributions from multidisciplinary authors andis meant to share research and best practises on different aspects of the RCEP.It presents research projects that contribute to the discussion about the theory, lessons learned, and business strategies, to give a better understanding of theRCEP and how it can shape policy in member countries. The themes in eachchapter can also serve to evaluate reports on the RCEP's overall progress. Thebook covers a broad range of subjects, including an overview of the RCEP, digital economy, peer-to-peer lending, international e-commerce, big data, ICTreadiness and much more. This work is a key source of information and referencefor RCEP development for academics and researchers (in economics and politicalscience), government and trade organisations and policymakers interested in theRCEP. Members of the general public who want to understand debates surroundingthe RCEP will also benefit from the information provid
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292694847
Category : Business & Economics
Languages : en
Pages : 79
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Book Description
This publication compares the Product-Specific Rules of Origin (PSRO) of the Regional Comprehensive Economic Partnership (RCEP) with those of the ASEAN Trade in Goods Agreement (ATIGA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). It contrasts the main rules of origin provisions of the three free trade agreements, then discusses differences and commonalities in how they were drafted. The study examines the stringency and leniency of RCEP PSRO relative to CPTPP and ATIGA and identifies where PSRO among the three are converging. Initial findings provide the basis for policy recommendations to help leverage RCEP to simplify rules of origin in Asia and the Pacific.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292694936
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
The Regional Comprehensive Economic Partnership (RCEP) is a milestone achievement in the regional economic integration led by the Association of Southeast Asian Nations (ASEAN) over the last 3 decades. It was formed to mitigate the challenges of dealing with multiple free trade agreements. This report analyses and compares the legal text of RCEP, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and relevant agreements of the World Trade Organization. It offers a mix of policy recommendations and suggests road maps to orient RCEP toward successful implementation.
Author: Meeryung La
Publisher:
ISBN:
Category :
Languages : en
Pages : 5
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Book Description
The Regional Comprehensive Economic Partnership (RCEP) is an ongoing free trade agreement involving ASEAN member states (AMSs) and six trading partners: Australia, China, India, Japan, South Korea and New Zealand. RCEP negotiations were launched in November 2012, and 18 rounds of negotiation have been held, along with six ministerial meetings and three intersessional meetings. Two chapters, namely "Economic and Technical Cooperation" and "Small and Medium-sized Enterprises," have been concluded, and other chapters are still in progress with some of them nearing conclusion. To date, progress in the RCEP negotiations has been sluggish due to disagreement over the modality of tariff reduction on trade in goods, liberalization of services, and investment framework. In regard to trade in goods, it is known that the proportion of products committed to eliminate tariffs has not been finalized yet. It is hard to balance the interests of RCEP participating countries (RPCs) due to the different industrial structures and levels of development among participating countries. It seems unrealistic to expect conclusion of the RCEP by the end of this year, but it is likely that considerable progress will be made during ASEAN's 50th anniversary.With the global trade slowdown, the importance of the RCEP to keep markets open and deepen integration is increasing. RPCs should continue their efforts to reach high-standard and economically meaningful outcomes. The agreed outcome should be able to reduce intra-regional transaction costs through simplification and harmonization of rules of origin, customs procedures and standards. Since RPCs have already established over-lapping FTAs with member countries, it needs significant improvements over the existing ASEAN 1 FTAs to induce economically meaningful gains from the RCEP.
Author: Pasha L. Hsieh
Publisher: Cambridge University Press
ISBN: 1108845606
Category : Law
Languages : en
Pages : 297
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Book Description
Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law.
Author: Innwon Park
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Lee Jaehyon
Publisher:
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Category :
Languages : en
Pages : 0
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Author: Shiro Armstrong
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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