3 years, 3 months ago
RCEP comes into effect on first day of 2022
The Regional Comprehensive Economic Partnership agreement, the world's largest free trade agreement, entered into force on Saturday. After the agreement takes effect, more than 90 percent of merchandise trade among members that have approved the agreement will eventually be subject to zero tariffs. With optimized trade rules among signatories, streamlined procedures and wider opening-up in the sectors of services-trade and investment, the RECP will bring tangible benefits to the member countries. China will fully implement the obligations of the RCEP agreement and guide local governments, industries and enterprises to better seize the opening-up opportunities, according to the Ministry of Commerce.









































Discover Related

2 days, 11 hours ago
Washington disrupting global trade system

3 days, 11 hours ago
China hits back at US tariffs to defend rules-based trade

3 days, 11 hours ago
China hits back at US tariffs to defend rules-based trade

4 days, 11 hours ago
ASEAN chief urges 'boldly' integrating region's economies amid US tariff worries

1 week, 2 days ago
Trump’s ‘Liberation Day’ tariffs will deal the Global South a hard blow

Top News
1 week, 5 days ago
Donald Trump’s reciprocal tariffs come into effect on April 2: Will India, Thailand feel the most heat?

Trending
1 week, 6 days ago
Trump advisers mull 20% tariff on all US trade partners: Report

Trending
1 week, 6 days ago
China, Japan, South Korea to jointly counter US tariffs, Chinese media reports

Trending
2 weeks, 4 days ago
A new global economic order, if it can be built

Trending
2 weeks, 4 days ago
A new global economic order, if it can be built

2 weeks, 4 days ago
A new global economic order, if it can be built

2 weeks, 5 days ago
South Korea to probe 'made in Korea' violations ahead of U.S. tariffs

2 weeks, 5 days ago
Chinese investment in ASEAN expands to benefit both sides

Trending
3 weeks, 6 days ago
India and New Zealand kickstart landmark free trade talks for stronger ties

1 month, 1 week ago
DC Edit | Amid global friction, India must push for trade deals

1 month, 2 weeks ago
Opinion: Three years on - What the world can learn from India-UAE trade agreement

1 month, 2 weeks ago
India-UK FTA talks: India’s proposed free trade agreement with the U.K. | Explained

1 month, 2 weeks ago
Trump brandishes tariffs, but India and UK are back talking trade

2 months, 2 weeks ago
Bright prospects beckon for China-Europe ties: China Daily editorial

Trending
2 months, 3 weeks ago
Sino-ROK economic relations mutually beneficial

Trending
2 months, 3 weeks ago
Sino-ROK economic relations mutually beneficial

2 months, 3 weeks ago
Free trade agreements to unlock global markets for India’s auto industry: Piyush Goyal

2 months, 4 weeks ago
China reports active trade with BRI countries in 2024: commerce ministry

2 months, 4 weeks ago
China reports active trade with BRI countries in 2024: commerce ministry

Trending
2 months, 4 weeks ago
Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

2 months, 4 weeks ago
Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

2 months, 4 weeks ago
India, Asean to gain as looming US tariffs shake up global trade: BCG

3 months ago
Build on momentum of Aussie trade pact

3 months ago
RCEP can release potential of region's blue economy

3 months ago
RCEP can release potential of region's blue economy

3 months ago