ISDS Case Map
RCEP
Members of the Regional Comprehensive Economic Partnership can further improve the alignment of operational guidelines across key sectors such as competition policy and trade in services to elevate mutual openness, said trade experts and foreign scholars on Sunday.
Hong Kong is expected to join the RCEP this year despite past delays, as Beijing lobbies all member states to speed up the approval process for the city, the local commerce chief has said.
Sri Lanka has expressed its intent to join the Regional Comprehensive Economic Partnership (RCEP) by lodging a letter of intent and engaging in discussions with member states in Jakarta. While Sri Lanka's application is currently awaiting the development of an admission mechanism for new members, the country is actively pursuing membership in the world's largest trade bloc to expand market access.
India is keen to finalise the trade pact before the model code of conduct (MCC) kicks-in ahead of its general elections, making the timing of the finalisation of the proposed deal crucial
President Ranil Wickremesinghe announced Sri Lanka's upcoming participation in the RCEP, highlighting the benefits of connecting with the European Union's trade system.
In the two years since it came into force, RCEP has benefited China much more than other member nations.
The Indonesian government started implementing three international trade agreements involving the United Arab Emirates, the Association of Southeast Asian Nations, and South Korea in 2023.
India is evaluating the potential consequences before accelerating FTA negotiations with Bangladesh
Sri Lanka has started discussions on separate agreements on investment and trade with India and an attempt to join the Regional Comprehensive Economic Partnership has been hit by a lack of rules to admit new members.
Bangladesh will not join the Regional Comprehensive Economic Partnership (RCEP), world's largest regional free-trade bloc led by China, or any other grouping before the forthcoming general election.
