New era for China and ASEAN relations: RCEP

Since the inception of the Regional Comprehensive Economic Partnership (RCEP) agreement on 1 January 2022, how has it affected your businesses? How can you reap the benefits of RCEP in your businesses?

The RCEP agreement is a free trade agreement between Singapore and 14 other countries, including all 10 Association of Southeast Asian Nations (ASEAN) member countries and Australia, New Zealand, China, Japan, and South Korea.

RCEP generates new and exciting prospects for businesses seeking to reach untapped markets abroad. In addition to ensuring that Singapore service providers, investors and investments are treated equitably and fairly, RCEP will provide greater transparency on the rules and regulations that apply to foreign investments and introduces new opportunities for businesses to engage in digital trade.

With countries in the Asia Pacific trying to recover from the COVID-19 pandemic, around 90 percent of trade tariffs are set to be eliminated under RCEP in a major boost to inter-regional trade. The direct economic benefits of RCEP are projected to be quite significant. While RCEP aims to reduce tariffs, unite trade rules and strengthen the supply chain between its members, the realization of these gains depends on how well the agreement is implemented.

Let our speakers share their knowledge and experience in RCEP with you, and how this trade pact can support trade and investment, and strengthen cooperation in high-end industrial chain and manufacturing projects. During the networking, participants can exchange ideas on how this free trade agreement can bolster trading ties among countries across Asia-Pacific, facilitate regional supply chain management, increase intra-regional sourcing options, and reduce transaction costs for enterprises as well as import/export costs.

Topics include:

1. RCEP Overview 区域全面经济伙伴关系"概述
2. RCEP Benefits & Implication to Supply Chain Restructuring. "区域全面经济伙伴关系"政策对重组供应链的好处和影响
3. RCEP Policy Deep-dive and Related Recommendations for Businesses. RCEP政策解读及企业如何利用好金融机构把握相关机遇
4. Opportunities and Challenges for Enterprises in China After the Implementation of RCEP. "区域全面经济伙伴关系"政策实施后，在华企业面临的机遇和挑战
5. CAMEX - China-ASEAN Mercantile Exchange Featured Product Convergence Center. 中国-东盟商品交易所特色产品融合中心