The Regional Comprehensive Economic Partnership (“RCEP“) Agreement has entered into force on 1 January 2022, following the ratification of the Agreement by 10 Parties – Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand, and Vietnam.
The RCEP Agreement is a comprehensive and mutually beneficial economic partnership, and is the largest Free Trade Agreement to date. It includes new areas such as Intellectual Property, Competition Policy, e-Commerce, Government Procurement and SMEs.
In this Update, we highlight the key benefits of the RCEP Agreement.
For more information, click here to read the full Legal Update.