The 27th Regional Comprehensive Economic Partnership (RCEP) for Trade Negotiating Committee Meeting (TNC) and Related Meetings was held from 22-31 July 2019. It enters the seventh year of negotiation process, which is stated by leaders of 10 ASEAN countries and 06 ASEAN FTA Partners (Australia, China, India, New Zealand, Japan and Korea), to be concluded by 2019.
Currently, there are successful conclusion of 12 Chapters (total 25 chapters): (i) Customs Procedures and Trade Facilitation, (ii) Sanitary and Phytosanitary Measures, (iii) Standard, Technical Regulations and Conformity Assessment Procedures, (iv) Competition, (v) Government Procurement, (vi) Dispute Settlement, (vii) Annex on Financial Services, (viii) Annex on Telecommunication Services, (ix) Economic and Technical Cooperation, (x) Small and Medium Enterprises, (xi) Annex on Professional Services and (xii) Legal and Institutional Provisions
For next round (The 28th RCEP for TNC and related meetings) shall be held from 19-28 September 2019 in Danang, Vietnam with the aim to conclude all chapters and to announce the conclusion by RCEP leaders at 3rd RCEP Summit which will be held in November 2019, in Bangkok, Thailand.
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