RCEP expected to be signed at upcoming leaders’ meeting: Chinese official
The Regional Comprehensive Economic Partnership (RCEP) is expected to be signed at the 4th RCEP leaders' online meeting on November 15, with all of its texts and legal review work completed, Chinese Assistant Minister of Commerce Li Chenggang told a press conference on November 11.
Chinese Assistant Minister of Commerce Li Chenggang (Photo: mofcom.gov.cn)
Beijing (VNA) - The Regional ComprehensiveEconomic Partnership (RCEP) is expected to be signed at the 4th RCEP leaders'online meeting on November 15, with all of its texts and legal review workcompleted, Chinese Assistant Minister of Commerce Li Chenggang told a pressconference on November 11.
Once signed, the agreement will be one of the most vitalachievements in the integration of Asia-Pacific economies over the past twodecades, helping the region to realise high-level market opening-up and forminga relatively unified economic and trade system, Li said.
Initiated by the Association of Southeast Asian Nations(ASEAN) in 2012, the RCEP is the largest free trade agreement worldwide, with15 members covering 47.4 percent of the world's population, about one-third ofglobal GDP, 29.1 percent of world trade, and 32.5 percent of global investment.
The signing of the RCEP will give a boost to regionaleconomic growth, as the pact is expected to be a driver of the post-COVID-19 recoveryof member economies and of Asia-Pacific cooperation, said Su Ge, chairman ofthe Beijing-based China National Committee for Pacific Economic Cooperation.
The removal of tariff and non-tariff barriers alone underthe partnership would increase the Asia-Pacific region's GDP by 2.1 percent andworld GDP by 1.4 percent, according to estimates./.
The Regional Comprehensive Economic Partnership (RCEP) agreement, expected to be signed on November 15 within the framework of the 37th ASEAN Summit in Hanoi, will be the world’s largest free trade agreement (FTA) and is a significant boost for ASEAN businesses, including those in Vietnam, according to insiders.
The Regional Comprehensive Economic Partnership (RCEP) should be signed early as it is good for all signatories, including the Republic of Korea (RoK), Director of the RoK’s Asan Institute for Policy Studies’ Center for ASEAN and Oceania Studies Lee Jae-hyon told the Vietnam News Agency.
The signing of the Regional Comprehensive Economic Partnership (RCEP) will be a testament to the world on ASEAN and its trading partners’ efforts in strengthening the multilateral trading system, a Malaysian minister has said.
The Regional Comprehensive Economic Partnership (RCEP) will be in the spotlight at the 37th ASEAN Summit which is virtually hosted by Vietnam from November 12 – 15, according to Singapore’s The Strait Times.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Chinese Assistant Minister of Commerce Li Chenggang (Photo: mofcom.gov.cn) 
