We use cookies on this website to give you a better user experience. By continuing to browse the site, you are agreeing to our use of cookies. Learn more

The Story of RCEP: History, Negotiations, Structure, and Future Directions

The Story of RCEP: History, Negotiations, Structure, and Future Directions
15 August 2022
ASEAN, Investment, Trade
Aladdin D. Rillo, Anna Maria Rosario D. Robeniol, Salvador Buban
FTAs, free trade agreement, Economic Integration, Trade, Globalisation, RCEP

Print Article:

This paper is about the story of the Regional Comprehensive Economic Partnership (RCEP), including the history, dynamics of negotiations, and structure of this multilateral framework. Issues related to ASEAN centrality, sensitivities of negotiations, and other challenges are also highlighted and analysed. Nearly a decade in the making, RCEP represents a significant achievement for the region. As an ASEAN-led process, RCEP supports not only the region’s market integration but as well as ASEAN’s economic relations with the rest of the world, particularly with the 5 RCEP FTA Partners. Beyond the impact of RCEP in supporting the multilateral trading system, it is also intended to address the current challenges in the region, including the COVID-19 pandemic crisis. Thus, the narrative of RCEP provides a comprehensive overview of, and considers the potential implications for, trade in the region; for economic integration, and for the future of trade policy.

The Story of RCEP: History, Negotiations, Structure, and Future Directions

Search ERIA.org

Latest Multimedia

Indonesia's ASEAN Chairmanship 2023 High-Level Policy Dialogue: ASEAN Digital Community 2045

ERIA Knowledge Lab Discusses Scaling Up Innovation and Digital Technology Ecosystem

Is ASEAN Ready for Electric Vehicles? | ASEAN Insights Podcast

Related Articles

RCEP, ASEAN and East Asia
14 March 2022
Editor(s)/Author(s): Fukunari Kimura, Shandre Thangavelu, Dionisius A. Narjoko
The Regional Comprehensive Economic Partnership (RCEP) became the largest free trade agreement in the world when it was signed in 2020. It[...]
22 January 2013
Editor(s)/Author(s): Yoshifumi Fukunaga, Ikumo Isono
AbstractIn November 2012, the leaders of the ASEAN+6 countries agreed to launch a new FTA negotiation called the "Regional[...]