Research Back

How Preferential are RCEP Tariffs?

RCEP, tariff, Trade, ASEAN

How Preferential are RCEP Tariffs?

This study discusses the extent to which the tariffs provided in the Regional Comprehensive Economic Partnership (RCEP) are preferential. RCEP does not necessarily adopt a common concession rule in tariffs, and the speed and depth of tariff reduction/elimination also differ by country. We show that RCEP tariffs become the best choice in trading some specific products with some specific countries in some specific years. Furthermore, there are some specific cases where the use of RCEP tariffs becomes beneficial even if RCEP tariffs are not lower. Therefore, we demonstrate that RCEP tariffs are beneficial in specific types of supply chains. In short, this study aims to enhance our comprehensive understanding of how preferential RCEP tariffs are compared with other types of available tariffs.

How Preferential are RCEP Tariffs?

Date

14 September 2022

Category

ASEAN , Regulation and Governance , Trade

Editor

Kazunobu Hayakawa

Share this article:

Related Articles

Trade Facilitation in RCEP Countries

Trade Facilitation in RCEP Countries

14 September 2022

RCEP, Trade, RCEP countries

The trade facilitation under the Regional Comprehensive Economic Partnership (RCEP) is critical for regional trade and economic cooperation amongst the 15 member countries. This chapter …

Traditional Services Trade in the Regional Comprehensive Economic Partnership

Traditional Services Trade in the Regional Comprehensive Economic Partnership

14 September 2022

Trade, RCEP, Travel

Traditional services trade (TST), including tourism and transport services, is the basic and key component of services trade in the Regional Comprehensive Economic Partnership (RCEP). …

CHOOSE FILTER
Loading Loading