Post by account_disabled on Dec 24, 2023 8:37:58 GMT
Assistant Minister of the Ministry of Commerce Revealing the results of the 8th Regional Economic Partnership Agreement (RCEP) ministerial meeting via videoconferencing. together with ministers of ASEAN members, Australia, China, Japan, South Korea and New Zealand on 27 August 2020 that after RCEP members had intense negotiations on outstanding issues from last year since the beginning of 2020 and In this meeting All countries can conclude negotiations on all outstanding issues. The minister confirmed that he was ready to sign the agreement at the 4th RCEP Summit in November 2020. And also welcome India If you rejoin the agreement This is because India has been an important member participating in.
The negotiations since the beginning in 2012 and it is believed that India's participation will help create growth in the region. “Minister RCEP sees the importance of and be aware of the impact on trade Phone Number List and investment of member countries from the spread of COVID-19 Therefore, it is necessary to open the market to allow the flow of essential goods and services between them. Including accelerating the creation of cooperation in the region to be even stronger. The signing of the RCEP Agreement will help build confidence in doing business. and promote a multilateral trade rules system. and is confident that it will cause the region's economy to recover. It will also contribute to the stable growth of the global and regional economies,” Mr. Sansern said. For the RCEP agreement It is considered to be the largest free trade agreement (FTA) in the world.
It consists of 16 member countries, including 10 ASEAN members and 6 dialogue partners: China, Japan, South Korea, Australia, New Zealand and India. They have a combined population of nearly 3,600 million people, accounting for 48.1% of the world's population. In 2019, RCEP member countries had a value GDP is over 28.5 trillion USD, or approximately 32.7% of world GDP, and has a total trade value of over 11.2 trillion USD, accounting for 29.5% of world trade value. More than half of Thailand's trade and investment Rely on the large market of RCEP members Thailand and the 16 RCEP member countries have a total trade value of 280 billion USD, accounting for 59.5% of Thailand's total trade. Thailand's export value to RCEP member countries is more than 140 billion USD, accounting for 57% of Thai exports to the world.
The negotiations since the beginning in 2012 and it is believed that India's participation will help create growth in the region. “Minister RCEP sees the importance of and be aware of the impact on trade Phone Number List and investment of member countries from the spread of COVID-19 Therefore, it is necessary to open the market to allow the flow of essential goods and services between them. Including accelerating the creation of cooperation in the region to be even stronger. The signing of the RCEP Agreement will help build confidence in doing business. and promote a multilateral trade rules system. and is confident that it will cause the region's economy to recover. It will also contribute to the stable growth of the global and regional economies,” Mr. Sansern said. For the RCEP agreement It is considered to be the largest free trade agreement (FTA) in the world.
It consists of 16 member countries, including 10 ASEAN members and 6 dialogue partners: China, Japan, South Korea, Australia, New Zealand and India. They have a combined population of nearly 3,600 million people, accounting for 48.1% of the world's population. In 2019, RCEP member countries had a value GDP is over 28.5 trillion USD, or approximately 32.7% of world GDP, and has a total trade value of over 11.2 trillion USD, accounting for 29.5% of world trade value. More than half of Thailand's trade and investment Rely on the large market of RCEP members Thailand and the 16 RCEP member countries have a total trade value of 280 billion USD, accounting for 59.5% of Thailand's total trade. Thailand's export value to RCEP member countries is more than 140 billion USD, accounting for 57% of Thai exports to the world.