In late 2020, after 8 years of negotiation, the Regional Comprehensive Economic Partnership (RCEP) agreement was signed. This largest trade bloc, which accounts for 30% of global economy, comprises all ASEAN member states along with Australia, China, Japan, Korea, and New Zealand. The agreement saw prolonged delays with India dropping out due to domestic concerns and tough negotiations while the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) went on to be signed with the 11 countries and the US dropping out. While RCEP is not as encompassing and specialized as CPTPP, observers note that RCEP will do a significant amount towards reducing tariffs, creating more intra-Asia trade, and cumulative rules of origin that could have a positive impact on APAC trade.
As governments look to ratify the agreement, businesses will be looking to getting ready and how to prepare. What does this mean for those businesses headquartered outside of RCEP member countries who actively participate in trade and commerce in the region? How can those companies tap into the opportunities? To discuss this and Hong Kong's presence as a non-participant in the RCEP agreement, AmChamHK has invited a panel of trade experts specializing in RCEP and regional trade to discuss these issues in greater detail.
Please join us for a Zoom meeting with the following details:
- Webinar login details will be included in your confirmation
- If you are new to Zoom, here are instructions on how to download the software and join a meeting. Please familiarize yourself with the platform beforehand.
- Please log in at 11:45am, 15 minutes in advance of the session start time. This will allow time to troubleshoot any technical issues and start promptly at 12:00pm.
- Please use the same name you registered with AmCham as your Zoom account.
- Please type in your questions in the "Chat" button at the bottom screen, the moderator will be selecting questions during the Q&A sessions. If you are using the mobile app, please click "Participants" then "Chat."
- Chatham House Rule
- This webinar is Closed to Media