1.What is RCEP?
The full name of RCEP is the regional comprehensive economic partnership agreement. It is initiated by the Ten -President of the Southeast Asian Alliance. It is jointly participated in the five countries with a free trade agreement with the ASEAN with a free trade agreement with China, Japan, South Korea, Australia, and New Zealand.
This agreement will also be opened to other external economies, such as Central Asian countries, South Asia, and other countries of Oceania.
RCEP aims to establish a free trade agreement for unified markets by cutting tariffs and non -tariff barriers. After approval, the commitment of "tariff reduction between members is to fall to zero tariffs immediately and 10 years to zero tariffs."
2. RCEP process
Initially proposed
At the 19th ASEAN Summit in November 2011, Asia has begun to plan another regional cooperation. This regional cooperation is called the Southeast Asian Regional Comprehensive Economic Partner Agreement.
Critical advancement
From January 20, 2014 to July 9, 2020, in Nanning, China, China, Tianjin, Japanese Kobe, Manila in the Philippines, Hedelaba, India, Hyjuya, Indonesia, Singapore, Thailand, New Zealand, New Zealand, , Indonesia, Bali, Melbourne in Australia, Zhengzhou, Henan, China, Vietnam Pangang, and two video conferences.
In the end, except India, all countries agreed to the existing clauses of RCEP to formulate contracts.
Sign the effect
On November 15, 2020, the Fourth RCEP Leadership Summit was held.
It was officially signed under the auspices of Vietnam, the ESI's rotating country in 2020. my country, Japan, South Korea and other signed national leaders also attended the signing ceremony.
The larger Japan -South Korea Southeast Asian ten countries in the world, the regional comprehensive economic partnership agreement, including Australia and New Zealand, finally completed the signing of the partner.
3. The reason why Vietnam signed RCEP
The Business Department of the Ho Chi Minh City Consulate General has reported that since 2012, it has been negotiated by 10 ASEAN member states and 6 partnerships. Essence
In order to open the opportunity to open opportunities, including ASEAN member states, including Vietnam, it is certain that joining ASEAN is the first step in the integration of Vietnam into the global economic integration.
In the 25th year of joining ASEAN, Vietnam has been in the underdeveloped countries with a per capita income of less than $ 300 in 1995. It has now joined the ranks of developing countries. Today, the per capita income has increased to $ 3,000.
Signing RCEP is both opportunities and challenges for Vietnam.
4. The impact of RCEP on Vietnam
Therefore, for Vietnam, RCEP will expand the market for Vietnam, increase export efforts, participate in the new value chain in the region, and increase investment in investment. The reduction of import tariffs also brings new opportunities for Vietnamese telecommunications products, information technology products, textiles, shoe products and agricultural products. At the same time, it has also created convenient conditions for companies that provide living communications services for residents in Southeast Asia to provide living communications services like "Southeast Asia E Life". ASEAN interconnection is also a global advancement.
Southeast Asia has become a hot spot for the layout of the Hong Kong and Airlines industry. Behind it is the change of the trade pattern: China has shifted more to the middle product of production, and then exported intermediate products to ASEAN to produce final products in ASEAN and exported to Europe and the United States. According to statistics from Chinese Customs, the import and export volume of China and ASEAN in 2020 was 4.74 trillion yuan, an increase of 7%year -on -year. For the first time, the two sides were the first major trading partners.
After the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP), RCEP members, including China and ASEAN, implement tariff reduction, open market access, cancellation of barriers affecting trade, simplified customs procedures, etc., which will further reduce trade in the region Cost, enhance the toughness of the industrial chain and supply chain. At the same time, RCEP also put forward new requirements for the construction of the Hong Kong aviation industry with efficient supply chain.
Statistics show that since last year, 35 new container routes were added in Shandong Port, including 18 foreign trade routes, plus 3 opened this time, the total number of routes reached 305, and the number and density of the route ranked first in northern China. From the perspective of the layout of the Shandong Port route, the development of the Shandong Port Qingdao Port Container route has formed two major groups of Southeast Asian routes and the Japanese and Korean routes. Through RCEP, Qingdao Port once again empower the group to comprehensively build an international transit channel that "radiates Japan and South Korea, connects Southeast Asia, penetrates India and Pakistan, and connects the European and American ocean -to -ocean trunk lines".
Therefore, the successful signing of RCEP is an air refueling for the economy again. It is conducive to global trade liberalization, and it is also conducive to my country's "both internal and external cycles".
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