RCEP

Davos 2022: ASEAN’s Role In A Shifting World Stage

The Association of Southeast Asian Nations (ASEAN) will play host to global leaders later this year with ASEAN Summits in Cambodia, the B20 and G20 Leaders’ Summit in Indonesia and the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in Thailand, all happening back-to-back.With the changing face of geopolitics and the global economy, these meetings and the preparations in the lead up, will shed light on where ASEAN stands in its on-going recovery efforts from COVID-19 and ho

24 May 2022
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Boosting ASEAN-China Ties

Last year marked the 30th anniversary of The Association of Southeast Asian Nations (ASEAN)-China Dialogue Relations. The two sides, ASEAN and China, have come a long way since the establishment of the ASEAN-China Dialogue Relations in 1991.

30 January 2022
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2020: A Year Like No Other

This year has been a tough one for most people. It is definitely a year to remember, and like many others – we’re ready to close this chapter and move on to 2021.

31 December 2020
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EXCLUSIVE: A European Union Perspective On RCEP

The recent signing of the Regional Comprehensive Economic Partnership (RCEP) between ASEAN and five Asia-Pacific countries (China, Japan, Australia, South Korea and New Zealand) has created the world’s largest free-trade zone that covers about a third of the world’s population and accounts for about 30 percent of the world’s gross domestic product (GDP).The European Union (EU) is not a signatory to RCEP, but is paying close attention to it.

30 November 2020
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The Impact Of The RCEP On The European Union

The 15 November agreement to form the Regional Comprehensive Economic Partnership (RCEP) between the 10 members of ASEAN and Australia, China, Japan, Korea and New Zealand has only modest immediate economic effects for the European Union (EU).  However, with China playing a central role in the new arrangement, the long-term strategic and geopolitical implications are major.

23 November 2020
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China Mulls Joining Trade Pact Dumped By Trump

China will consider joining a free trade pact once championed by the United States (US) but abandoned by Donald Trump, President Xi Jinping said last Friday, as Beijing increasingly seeks to influence the global rules of commerce.The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is an updated version of a giant deal originally backed by former US president Barack Obama as an effort to counter China's rising might in Asia. Trump pulled out of it af

23 November 2020
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Xi Touts China's Economy As Base Of Free Trade

President Xi Jinping hailed China as the pivot point for global free trade Thursday, vowing to keep its "super-sized" economy open for business and warning against protectionism as the world battles the COVID-19 pandemic.Buoyed by the signing of the world's largest trade pact over the weekend, Xi said the Asia-Pacific is the "forerunner driving global growth" in a world hit by "multiple challenges."He vowed "openness" to trade and rejected any poss

20 November 2020
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China To Push Trade Agenda At APEC Summit

China will get another chance to reshape Asia-Pacific trade at a regional summit starting Thursday, days after securing a huge trade pact victory and with the United States (US) playing protectionist defence.The Asia-Pacific Economic Cooperation (APEC) forum, held online this year because of the coronavirus pandemic, brings together 21 Pacific Rim countries including the world's two biggest economies, accounting for about 60 percent of global GDP.China has become the dominant force in th

19 November 2020
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Huge Asian Trade Pact Signed In Coup For China

15 Asia-Pacific countries on Sunday signed the world's biggest free trade deal, seen as a huge coup for China in extending its influence.The Regional Comprehensive Economic Partnership (RCEP) includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia, with members accounting for around 30 percent of global GDP.First proposed in 2012, the deal was finally sealed at the end of a Southeast Asian summit as leaders push to get their pandemic-hit econ

16 November 2020
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ASEAN Leaders To Sign China-Backed Trade Deal

Fifteen Asia-Pacific nations are set to sign an enormous free trade deal at an online summit that started Thursday, with the pact seen as a coup for China in extending its influence across the region.Once signed, the Regional Comprehensive Economic Partnership (RCEP) will be the world's largest trade pact in terms of GDP, according to analysts.The pact, which was first proposed in 2012 and viewed as a Chinese-led rival to a now-defunct United States (US) trade initiative, loops in 10 Sou

13 November 2020
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Multiplicative effects of RCEP on ASEAN trade

The conclusion of text-based negotiations for the Regional Comprehensive Economic Partnership (RCEP) in November 2019 paves the way for the economies of the Association of Southeast Asian Nations (ASEAN) to strengthen their economic integration with five of its dialogue partners, namely Australia, the People’s Republic of China, the Republic of Korea, Japan, and New Zealand.

15 March 2020
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ASEAN: Outlook for 2020 Part 1

2019 proved to be a tumultuous year for the region. Some ASEAN countries faced major challenges. For example, Indonesia was, yet again, struck by disasters multiple times. But it was also a time when several countries were navigating their respective democratic paths.

2 January 2020
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