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The Regional Comprehensive Economic Partnership (“RCEP") Agreement is a Free Trade Agreement (“FTA”) between 15 countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet Nam, Australia, China, Japan, Republic of Korea, and New Zealand.
 
It is the world’s largest FTA, comprising about 30% of global GDP and about a third of the world’s population.

RCEP negotiations were formally launched at the 2012 ASEAN Summit in Cambodia and the Agreement was signed on 15 November 2020. The RCEP Agreement will enter into force 60 days after six ASEAN Member States and three ASEAN FTA Partners have deposited their instrument of ratification, acceptance or approval with the Depositary

 

"The RCEP is a demonstration of partner countries’ commitment to greater economic integration for the benefit of our people and businesses. Beyond its economic value, it is also a statement of our strategic intent to have a shared interest in each other’s prosperity and success. This bodes well for the security of the region. We look forward to the swift implementation of the agreement and we are committed to keeping this agreement up to date to meet the evolving realities and demands."

- Minister Chan Chun Sing, Minister for Trade and Industry


Press Releases Joint Statements
Press Releases MTI Press Releases
CPTPP infographic Infographic

Press Releases What You Need to Know about the RCEP
 

Understanding the RCEP Services, Investments, and E-commerce Chapters: Benefits for Businesses

Factsheet on the RCEP Agreement

Singapore's FTA Network Singapore's FTA Network
 

Legal Text of the RCEP Agreement


Title page, Table of Contents, and Preamble

Chapter 1 – Initial Provisions and General Definitions

Chapter 2 – Trade in Goods

Chapter 3 – Rules of Origin Chapter 4 – Customs Procedures and Trade Facilitation  Chapter 5 – Sanitary and Phytosanitary Measures

Chapter 6 – Standards, Technical Regulations, and Conformity Assessment Procedures

Chapter 7 – Trade Remedies  Chapter 8 – Trade in Services  Chapter 9 – Temporary Movement of Natural Persons

Chapter 10 – Investment  Chapter 11 – Intellectual Property  Chapter 12 – Electronic Commerce

Chapter 13 – Competition  Chapter 14 – Small and Medium Enterprises

Chapter 15 – Economic and Technical Cooperation

Chapter 16 – Government Procurement  Chapter 17 – General Provisions and Exceptions

Chapter 18 – Institutional Provisions  Chapter 19 – Dispute Settlement

Chapter 20 – Final Provisions

Testimonium and Signing Pages


Market Access Annexes

Annex I – Schedules of Tariff Commitments


Annex I – General Headnotes

Brunei Darussalam – Headnotes

Brunei Darussalam – Schedule of Tariff Commitments

Cambodia – Headnotes

Cambodia – Schedule of Tariff Commitments

Indonesia – Headnotes

Indonesia – Schedule of Tariff Commitments Indonesia – Appendix on Tariff Differentials

Lao PDR – Headnotes

Lao PDR – Schedule of Tariff Commitments

Malaysia – Headnotes

Malaysia – Schedule of Tariff Commitments Myanmar – Headnotes

Myanmar – Schedule of Tariff Commitments

Philippines – Headnotes

Philippines – Schedule of Tariff Commitments Philippines – Appendix on Tariff Differentials

Singapore – Headnotes

Thailand – Headnotes

Thailand – Schedule of Tariff Commitments

Thailand – Appendix on Tariff Differentials

Viet Nam – Headnotes

Viet Nam – Schedule of Tariff Commitments Viet Nam – Appendix on Tariff Differentials

Australia – Headnotes

Australia – Schedule of Tariff Commitments

China – Headnotes

China – Schedule of Tariff Commitments China – Appendix on Tariff Differentials

Japan – Headnotes

Japan – Schedule of Tariff Commitments

Japan – Appendix on Tariff Differentials

Korea – Headnotes

Korea – Schedule of Tariff Commitments Korea – Appendix on Tariff Differentials

New Zealand – Headnotes

New Zealand – Schedule of Tariff Commitments


Annex II – Schedules of Specific Commitments for Services


Cambodia – Schedule of Specific Commitments for Services

Lao PDR – Schedule of Specific Commitments for Services

Myanmar – Schedule of Specific Commitments for Services

Philippines – Schedule of Specific Commitments for Services

Thailand – Schedule of Specific Commitments for Services

Viet Nam – Schedule of Specific Commitments for Services

China – Schedule of Specific Commitments for Services
 
New Zealand – Schedule of Specific Commitments for Services


Annex III – Schedules of Reservations and Non-Conforming Measures for Services and Investment


Brunei Darussalam – Schedule of Reservations and Non-Conforming Measures for Services and Investment

Cambodia – Schedule of Reservations and Non-Conforming Measures for Investment

Indonesia – Schedule of Reservations and Non-Conforming Measures for Services

Indonesia – Schedule of Reservations and Non-Conforming Measures for Investment

Lao PDR – Schedule of Reservations and Non-Conforming Measures for Investment

Malaysia – Schedule of Reservations and Non-Conforming Measures for Services and Investment

Myanmar – Schedule of Reservations and Non-Conforming Measures for Investment

Philippines – Schedule of Reservations and Non-Conforming Measures for Investment

Singapore – Schedule of Reservations and Non-Conforming Measures for Services and Investment

Thailand – Schedule of Reservations and Non-Conforming Measures for Investment

Viet Nam – Schedule of Reservations and Non-Conforming Measures for Investment

Australia – Schedule of Reservations and Non-Conforming Measures for Services and Investment

China – Schedule of Reservations and Non-Conforming Measures for Investment

Japan – Schedule of Reservations and Non-Conforming Measures for Services and Investment

Korea – Schedule of Reservations and Non-Conforming Measures for Services and Investment

New Zealand – Schedule of Reservations and Non-Conforming Measures for Investment


Annex IV – Schedules of Specific Commitments on Temporary Movement of Natural Persons


Brunei Darussalam – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Cambodia – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Indonesia – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Lao PDR– Schedule of Specific Commitments on Temporary Movement of Natural Persons

Malaysia – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Myanmar – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Philippines – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Singapore – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Thailand – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Viet Nam – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Australia – Schedule of Specific Commitments on Temporary Movement of Natural Persons

China – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Japan – Schedule of Specific Commitments on Temporary Movement of Natural Persons

Korea – Schedule of Specific Commitments on Temporary Movement of Natural Persons

New Zealand – Schedule of Specific Commitments on Temporary Movement of Natural Persons

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