RCEP Agreement was signed on 15 Nov 2020 by 15 signatory countries in Asia-Pacific region.
Text of RCEP
Preamble [PDF 55 KB]
- Initial Provisions and General Definitions [PDF 60 KB]
- Trade in Goods [PDF 130 KB]
- Rules of Origin [PDF 190 KB]
This Chapter includes the following Annexes:- Annex 3A. Product Specific Rules [PDF 1.85 MB]
- Annex 3B. Minimum Information Requirements [PDF 50 KB]
- Customs Procedures and Trade Facilitation [PDF 125 KB]
This Chapter includes the following Annexes:- Annex 4A. Period of Time to Implement the Commitments [PDF 80 KB]
- Sanitary and Phytosanitary Measures [PDF 110 KB]
- Standards, Technical Regulations, and Conformity Assessment Procedures [PDF 90 KB]
- Trade Remedies [PDF 110 KB]
The Chapter includes the following Annex:- Annex 7A: Practices Relating to Anti-Dumping and Countervailing Duty Proceedings [PDF 55 KB]
- Trade in Services [PDF 185 KB]
The Chapter includes the following Annexes:- Annex 8A: Financial Services [PDF 100 KB]
- Annex 8B: Telecommunication Services [PDF 135 KB]
- Annex 8C: Professional Services [PDF 45 KB]
- Temporary Movement of Natural Persons [PDF 60 KB]
- Investment [PDF 165 KB]
The Chapter includes the following Annexes:- Annex 10A: Customary International Law [PDF 35 KB]
- Annex 10B: Expropriation [PDF 45 KB]
- Intellectual Property [PDF 300 KB]
This Chapter includes the following Annexes:- Annex 11A: Party-Specific Transition Periods [PDF 70 KB]
- Annex 11B: List of Technical Assistance Requests [PDF 65 KB]
- Electronic Commerce [PDF 110 KB]
- Competition [PDF 75 KB]
This Chapter includes the following Annexes:- Annex 13A: Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Brunei Darussalam [PDF 40 KB]
- Annex 13B: Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Cambodia [PDF 40 KB]
- Annex 13C: Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Lao PDR [PDF 40 KB]
- Annex 13D: Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Myanmar [PDF 40 KB]
- Small and Medium Enterprises [PDF 45 KB]
- Economic and Technical Cooperation [PDF 50 KB]
- Government Procurement [PDF 45 KB]
This Chapter includes the following Annex:- Annex 16A: Paper or Electronic Means Utilised by Parties for the Publication of Transparency Information [PDF 55 KB]
- General Provisions and Exceptions [PDF 115 KB]
- Institutional Provisions [PDF 65 KB]
This Chapter includes the following Annex:- Annex 18A: Functions of the Subsidiary Bodies of the RCEP Joint Committee [PDF 80 KB]
- Dispute Settlement [PDF 180 KB]
- Final Provisions [PDF 75 KB]
Annex I — Schedules of Tariff Commitments
General Notes (Schedules of Tariff Commitments) [PDF 215 KB]
Australia
- Headnote to Schedule of Australia [PDF 415 KB]
- Schedule of Australia [PDF 14.2 MB]
Brunei Darussalam
- Headnote to Schedule of Brunei Darussalam [PDF 415 KB]
- Schedule of Tariff Brunei Darussalam [PDF 27.6 MB]
Cambodia
- Headnote to Schedule of Cambodia [PDF 380 KB]
- Schedule of Cambodia [PDF 22.2 MB]
China
- Headnote to Schedule of China [PDF 420 KB]
- Schedule of China
- for ASEAN [PDF 3.88 MB]
- for Australia [PDF 3.91 MB]
- for Japan [PDF 3.88 MB]
- for Korea [PDF 4.44 MB]
- for New Zealand [PDF 3.76 MB]
- Appendix of China in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 550 KB]
Indonesia
- Headnote to Schedule of Indonesia [PDF 420 KB]
- Schedule of Indonesia
- for ASEAN [PDF 26.7 MB]
- for Australia [PDF 26.8 MB]
- for China [PDF 26.8 MB]
- for Japan [PDF 26.8 MB]
- for Korea [PDF 26.8 MB]
- for New Zealand [PDF 26.8 MB]
- Appendix of Indonesia in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 575 KB]
Japan
- Headnote to Schedule of Japan [PDF 100 KB]
- Schedule of Japan [PDF 30.9 MB]
- Appendix of Japan in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 525 KB]
Korea
- Headnote to Schedule of Korea [PDF 270 KB]
- Schedule of Korea
- for ASEAN [PDF 29.2 MB]
- for Australia [PDF 29.2 MB]
- for China [PDF 45.1 MB]
- for Japan [PDF 29.2 MB]
- for New Zealand [PDF 29.2 MB]
- Appendix of Korea in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 575 KB]
Laos
- Headnote to Schedule of Laos [PDF 415 KB]
- Schedule of Laos [PDF 4.37 MB]
Malaysia
- Headnote to Schedule of Malaysia [PDF 420 KB]
- Schedule of Malaysia [PDF 24 MB]
- Schedule of Malaysia Tariff Rate Quota (TRQ) [PDF 31 KB]
- Appendix of Malaysia in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 310 KB]
Myanmar
- Headnote to Schedule of Myanmar [PDF 350 KB]
- Schedule of Myanmar [PDF 23 MB]
New Zealand
- Headnote to Schedule of New Zealand [PDF 420 KB]
- Schedule of New Zealand [PDF 17.9 MB]
Philippines
- Headnote to Schedule of Philippines [PDF 180 KB]
- Schedule of Philippines
- for Common Concession [PDF 23.7 MB]
- for Australia and New Zealand [PDF 35 KB]
- for China [PDF 720 KB]
- for Japan [PDF 35 KB]
- for Korea [PDF 460 KB]
- Appendix of Philippines in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 470 KB]
Singapore
- Headnote to Schedule of Singapore [PDF 345 KB]
Thailand
- Headnote to Schedule of Thailand [PDF 280 KB]
- Schedule of Thailand [PDF 13.5 MB]
- Appendix of Thailand in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 585 KB]
Viet Nam
- Headnote to Schedule of Viet Nam [PDF 430 KB]
- Schedule of Viet Nam
- for ASEAN [PDF 27.7 MB]
- for Australia [PDF 27.4 MB]
- for China [PDF 27.4 MB]
- for Japan [PDF 27.6 MB]
- for Korea [PDF 27.6 MB]
- for New Zealand [PDF 27.4 MB]
- Appendix of Viet Nam in relation to paragraph 3 of Article 2.6 (Tariff Differentials) [PDF 395 KB]
Annex II — Schedules of Specific Commitments for Services
- Schedule of Cambodia [PDF 1 MB]
- Schedule of China [PDF 830 KB]
- Schedule of Laos [PDF 535 KB]
- Schedule of Myanmar [PDF 745 KB]
- Schedule of New Zealand [PDF 810 KB]
- Schedule of Philippines [PDF 1 MB]
- Schedule of Thailand [PDF 1.35 MB]
- Schedule of Viet Nam [PDF 785 KB]
Annex III — Schedules of Reservations and Non-Conforming Measures for Services and Investment
- Schedule of Australia [PDF 950 KB]
- Schedule of Brunei Darussalam [PDF 1.5 MB]
- Schedule of Cambodia [PDF 590 KB]
- Schedule of China [PDF 680 KB]
- Schedule of Indonesia [PDF 795 KB]
- Schedule of Japan [PDF 960]
- Schedule of Korea [PDF 1 MB]
- Schedule of Laos [PDF 825 KB]
- Schedule of Malaysia [PDF 1.25 MB]
- Schedule of Myanmar [PDF 1.15 MB]
- Schedule of New Zealand [PDF 1 MB]
- Schedule of Philippines [PDF 650 KB]
- Schedule of Singapore [PDF 1.10 MB]
- Schedule of Thailand [PDF 590 KB]
- Schedule of Viet Nam [PDF 565 KB]
Annex IV — Schedules of Specific Commitments on Temporary Movement of Natural Persons
- Schedule of Australia [PDF 230 KB]
- Schedule of Brunei Darussalam [PDF 290 KB]
- Schedule of Cambodia [PDF 355 KB]
- Schedule of China [PDF 230 KB]
- Schedule of Indonesia [PDF 250 KB]
- Schedule of Japan [PDF 65 KB]
- Schedule of Korea [PDF 225 KB]
- Schedule of Laos [PDF 895 KB]
- Schedule of Malaysia [PDF 575 KB]
- Schedule of Myanmar [PDF 275 KB]
- Schedule of New Zealand [PDF 226 KB]
- Schedule of Philippines [PDF 295 KB]
- Schedule of Singapore [PDF 465 KB]
- Schedule of Thailand [PDF 130 KB]
- Schedule of Viet Nam [PDF 275 KB]
Background of RCEP Negotiation
On Tuesday, November 20, 2012 a ceremony to launch negotiations for the Regional Comprehensive Economic Partnership (RCEP) was held in Phnom Penn, Cambodia. At the ceremony, the ASEAN countries, Japan, China, the Republic of Korea, Australia, New Zealand and India announced the launch of RCEP negotiations. Basically, RCEP countries have a total population of more than 3.5 billion, a total GDP of around $US27 trillion, or 32% of global GDP, and account for about 28% of global trade.
At the launch of negotiations, the leaders of each relevant country adopted the “Guiding Principles and Objectives for Negotiating the RCEP.” The key points of this document are as follows.
- Scope of negotiations
RCEP will cover trade in goods, trade in services, investment, economic and technical cooperation, intellectual property, competition, dispute settlement and other issues. - Commitment levels
The RCEP will have broader and deeper engagement with significant improvements over the existing ASEAN+1 FTAs, while recognizing the individual and diverse circumstances of the participating countries. - Negotiations for trade in goods
Negotiations will be built on the existing levels of trade liberalization among participating countries and aim to achieve the high level of tariff liberalization. - Negotiations for trade in services
Negotiations will cover all areas of services trade, aiming at achieving a comprehensive and high-quality agreement compatible with WTO rules. - Negotiations for investment
Negotiations will cover the four pillars of promotion, protection, facilitation and liberalization. - Negotiation schedule
Negotiations will commence in early 2013 and aim to complete by end-2015. - Participating countries
Participants will be ASEAN members and FTA Partners. After the completion of the negotiations, countries other than the 16 states may join.
RCEP Trade Negotiating Committee Rounds
- RCEP TNC Round 28, Danang, Sept 2019
- RCEP TNC Round 27, Zhengzhou, Jun 2019
- RCEP TNC Round 26, Melbourne, Jul 2019
- RCEP TNC Round 25, Bali, Feb 2019
- RCEP TNC Round 24, Auckland, Oct 2018
- RCEP TNC Round 23, Bangkok, July 2018
- RCEP TNC Round 22, Singapore, April 2018
- RCEP TNC Round 21, Yogyakarta, February 2018
- RCEP TNC Round 20, Incheon, October 2017
- RCEP TNC Round 19, Hyderabad, July 2017
- RCEP TNC Round 18, Manila, May 2017
- RCEP TNC Round 17, Kobe, February-March 2017
- RCEP TNC Round 16, Jakarta, December 2016
- RCEP TNC Round 15, Tianjin, October 2016
- RCEP TNC Round 14, Ho Chi Minh City, August 2016
- RCEP TNC Round 13, Auckland, June 2016
- RCEP TNC Round 12, Perth, April 2016
- RCEP TNC Round 11, Brunei, February 2016
- RCEP TNC Round 10, Busan, October 2015
- RCEP TNC Round 9, Nay Pyi Taw, August 2015
- RCEP TNC Round 8, Kyoto, June 2015
- RCEP TNC Round 7, Bangkok, February 2015
- RCEP TNC Round 6, New Delhi, December 2014
- RCEP TNC Round 5, Singapore, June 2014
- RCEP TNC Round 4, Nanning, April 2014
- RCEP TNC Round 3, Kuala Lumpur, January 2014
- RCEP TNC Round 2, Brisbane, September 2013
- RCEP TNC Round 1, Brunei, May 2013
RCEP Ministerial Meeting
- Intersessional RCEP Ministerial Meeting, Bangkok, Oct 2019
- Intersessional RCEP Ministerial Meeting, Jakarta, Aug 2019
- Intersessional RCEP Ministerial Meeting, Beijing, Jul 2019
- Intersessional RCEP Ministerial Meeting, Bangkok, May 2019
- Intersessional RCEP Ministerial Meeting, Siem Reap, Feb 2019
- RCEP Ministerial meeting, Tokyo, July 2018
- RCEP Ministerial meeting, Singapore, March 2018
- RCEP Ministerial meeting, Manila, September 2017
- RCEP Ministerial meeting, Ha Noi, May 2017
- RCEP Ministerial meeting, Cebu, November 2016
- RCEP Ministerial Meeting, Kuala Lumpur, August 2015
- Intersessional RCEP Ministerial Meeting, Kuala Lumpur, July 2015
RCEP Leader’s Summit
- RCEO Leaders’ Summit, Bangkok, Nov 2019
- RCEP Leaders’ Summit, Singapore, Nov 2018
- RCEP Leaders’ Summit, Manila, Nov 2017