Thailand ready to sign RCEP in mid-November World

Thailand ready to sign RCEP in mid-November

Thai Minister of Commerce Jurin Laksanawisit will represent Thailand to sign the Regional Comprehensive Economic Partnership (RCEP) by the middle of this month, said the Bangkok Post on November 7.
RCEP members determined to sign deal in November Business

RCEP members determined to sign deal in November

Ministers from countries participating in negotiations over RCEP gathered at the 10th intersessional meeting held in the form of a video conference on June 23 under the chair of Vietnam’s Minister of Industry and Trade Tran Tuan Anh.
Business

Vietnam to benefit from RCEP market region

Vietnam will be able to access a huge market of 3.4 billion people when it joins the Regional Comprehensive Economic Partnership (RCEP).

Countries in RCEP will have a combined GDP of 21 trillion USD, accounting for 29 percent of the world's GDP, said Nguyen Anh Duong, Deputy Director of the Central Institute for Economic Management (CIEM).

Speaking during a workshop held in Hanoi on July 17 on the impact of RCEP on Vietnam's economy and the opportunities and challenges it would pose, Duong said regulations on origin in RCEP would be simpler and more liberal than in other economic pacts. In addition, the parties would make more commitments on freedom of trade in goods and services and investment.