Regional Comprehensive Economic Partnership forecast to boost intraregional trade by nearly 2 per cent, or about US$42 billion. But the potential benefits in some sectors like e-commerce or for workers are uncertain, due to limitations in its scope, experts say
In January 2022 Indonesian Minister for Coordinating Economic Affairs Airlangga Hartarto said the Indonesian government aims to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement in the first quarter of 2022. Just like the Philippines and Myanmar, Indonesia is still to ratify the RCEP even though this agreement already took effect per 1 January 2022.
Indonesia has exceeded Singapore to lead ASEAN in terms of investment in the digital sector, according to Indonesian Vice President Ma'ruf Amin.
The Philippines' business process outsourcing industry and other sectors will benefit from the Regional Comprehensive Economic Partnership (RCEP) but a delay in the country's participation will have a negative impact on the country's digital economy, the Asian Development Bank said Wednesday.
The COVID-19 pandemic caused global investment activities to fall – due to economic uncertainties, lockdowns, supply chain disruptions and postponement of investment by multinational enterprises.
The mega free trade pact called the Regional Comprehensive Economic Partnership (RCEP) took effect for South Korea on Tuesday, which is expected to help diversify the country's trade portfolio, Seoul's industry ministry said.
The positive relationship between Canada and Vietnam is strong and growing every year, said Canadian Ambassador to Vietnam Deborah Paul while granting an interview to the Vietnam News Agency on the occasion of the Lunar New Year (Tet), the most important festival of the Vietnamese people in a year.
The Philippine Economic Zone Authority (PEZA) has signed an agreement with the Asean-Japan Center (AJC) to promote trade and investment between the Philippines and Japan.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
