Speeding up negotiations to finalize the Regional Comprehensive Economic Partnership (RCEP) was the aim of the third Inter-sessional Ministerial Meeting of the Regional Comprehensive Economic Partnership (RCEP) on May 22 in Hanoi.

The event was attended by representatives from the 10 ASEAN nations and their partners, including Australia, China, South Korea, India, Japan, and New Zealand.

Minister of Industry and Trade Tran Tuan Anh expressed his belief that the agreement will enable micro, small, and medium regional businesses to operate more efficiently, approach new resources, make the best of their strengths, and better involve in the regional value chain. 

The Minister said Vietnam supports the completion of RCEP negotiations this year and suggested that related parties promote bilateral negotiations on market opening.

At the meeting, participants agreed that the finalization of RCEP negotiations will give a clear message on door-opening policy and economic integration of regional countries, thus helping increase the attraction of RECP economies.

Source: VOV
 

• National traceability system for agro-forestry-fishery products to be launched on July 1
• European Parliament backs long-awaited digital euro to reduce US dominance in payments
• A decade after Brexit, Britain weighs costs and gains as it searches for a new leader
• Combating e-invoice fraud with big data technology
• Resolution 10-NQ/TW redefines foreign capital attraction