"RCEP"

The number of logistics businesses in Thailand grew by 39.6 per cent in January with room for greater growth following the implementation of the Regional Comprehensive Economic Partnership (RCEP), the Trade Policy and Strategy Office said on Monday.

The value of Thai exports has risen by more than 200 per cent in the second month since the Regional Comprehensive Economic Partnership (RCEP) came into effect, with total exports of Bt1.165 billion in the first two months.

HÀ NỘI — Việt Nam is expected to register the highest trade and income gains among Regional Comprehensive Economic (RCEP) members, according to a World Bank (WB)’s working paper.

Thailand’s Commerce Ministry is matchmaking the Exim Bank with business entrepreneurs to help fund their foray into the RCEP markets after the world’s largest free-trade agreement came into force on January 1, Commerce Minister Jurin Laksanawisit said on Thursday.

The Foreign Trade Department has made preparations to help Thai exporters enjoy tax privileges for exporting to South Korea after its RCEP membership takes effect on Tuesday.

Pact to add more resilience to regional industrial, supply chains, experts say

Cambodian PM, ASEAN secretary-general meet on RCEP, Myanmar

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Growth in exports to South Korea is forecast to accelerate again this year making it one of Thailand’s top trading partners, the Department of International Trade Negotiations said on Monday. From January to November 2021, Thai exports to South Korea rose 39 per cent to US$5.373 billion year on year.

A Lao business leader said being part of the RCEP agreement would provide more market opportunities for Laos to expand production for export and promote the tourism sector.

"The signing and future of RCEP would undoubtedly bring benefits and development opportunities," says secretary general of the Malaysia International Durian Industry Development Association Edwyn Chiang, noting that RCEP will boost more agricultural investment and cooperation for Malaysia and the RCEP members.

Five non-Asean members – China, South Korea, Japan, New Zealand and Australia – will do away with import tariffs on some products from Thailand and other Asean countries once the Regional Comprehensive Economic Partnership (RCEP) comes into effect on January 1, Department of Trade Negotiations director-general Auramon Supthaweethum said on Tuesday.