2020 Regional Comprehensive Economic Partnership Agreement

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Additional Annexes	Chapter-3-Annex-3A-Product-Specific-Rules.pdf Chapter-3-Annex-3B-Minimum-Information-Requirements.pdf Chapter-4-Annex-4A-Period-of-Time-to-Implement-the-Commitments.pdf Chapter-7-Annex-7A-Practices-Relating-to-Anti-Dumping-and-Countervailing-Duty-Proceedings.pdf Chapter-8-Annex-8A-Financial-Services.pdf Chapter-8-Annex-8B-Telecommunications-Services.pdf Chapter-8-Annex-8C-Professional-Services.pdf Chapter-10-Annex-10A-Customary-International-Law.pdf Chapter-10-Annex-10B-Expropriation.pdf Chapter-11-Annex-11A-Party-Specific-Transition-Periods.pdf Chapter-11-Annex-11B-List-of-Technical-Assistance-Requests.pdf Chapter-13-Annex-13A-Application-of-Article-13.3-Appropriate-Measures-against-Anti-Competitive-Activities-and-Article-13.4-Cooperation-to-Brunei-Darussalam.pdf Chapter-13-Annex-13B-Application-of-Article-13.3-Appropriate-Measures-against-Anti-Competitive-Activities-and-Article-13.4-Cooperation-to-Cambodia.pdf Chapter-13-Annex-13C-Application-of-Article-13.3-Appropriate-Measures-against-Anti-Competitive-Activities-and-Article-13.4-Cooperation-to-Lao-PDR.pdf Chapter-13-Annex-13D-Application-of-Article-13.3-Appropriate-Measures-against-Anti-Competitive-Activities-and-Article-13.4-Cooperation-to-Myanmar.pdf Chapter-16-Annex-16A-Paper-or-Electronic-Means-Utilised-by-Parties-for-the-Publication-of-Transparency-Information.pdf Chapter-18-Annex-18A-Functions-of-the-Subsidiary-Bodies-of-the-RCEP-Joint-Committee.pdf
Full Title	2020 Regional Comprehensive Economic Partnership Agreement
Short Title / Abbreviations	2020 RCEP
CIL Subject Classification	ASEAN Documents ASEAN Economic Community ASEAN Economic Ministers ASEAN External Relations Australia China Japan Republic of Korea New Zealand
Date of Adoption	15/11/2020
Place of Adoption	4th Regional Comprehensive Economic Partnership (RCEP) Summit via Video Conference
Issued/Adopted by	Economic and Trade Ministers of ASEAN, Australia, People's Republic of China, Japan, Republic of Korea and New Zealand
Dispute settlement provisions	See Chapter 19 – Dispute Settlement. However, see Article 12.17: Settlement of Disputes, for matters involving Electronic Commerce: “In the event of any differences between Parties regarding the interpretation and application of this Chapter, the Parties concerned shall first engage in consultations in good faith and make every effort to reach a mutually satisfactory solution. In the event that the consultations referred to in paragraph 1 fail to resolve the differences, any Party engaged in the consultations may refer the matter to the RCEP Joint Committee in accordance with Article 18.3 (Functions of the RCEP Joint Committee). No Party shall have recourse to dispute settlement under Chapter 19 (Dispute Settlement) for any matter arising under this Chapter. As part of any general review of this Agreement undertaken in accordance with Article 20.8 (General Review), the Parties shall review the application of Chapter 19 (Dispute Settlement) to this Chapter. Following the completion of the review, Chapter 19 (Dispute Settlement) shall apply to this Chapter between those Parties that have agreed to its application.” See also Article 13.9: Non-Application of Dispute Settlement, for matters involving Competition: “No Party shall have recourse to dispute settlement under Chapter 19 (Dispute Settlement) for any matter arising under this Chapter.” See also Article 17 for other exemptions to Article 19: Article 17.9: Measures against Corruption: “2. No Party shall have recourse to dispute settlement under Chapter 19 (Dispute Settlement) for any matter arising under this Article.” Article 17.11: Screening Regime and Dispute Settlement: “A decision by a competent authority, including a foreign investment authority, of a Party on whether or not to approve or admit a foreign investment proposal, and the enforcement of any conditions or requirements that an approval or admission is subject to, shall not be subject to the dispute settlement provisions under Chapter 19 (Dispute Settlement).”
Depository	Secretary-General of ASEAN
Annexes	Chapter Annexes: Annex 3A (Product-Specific Rules) Annex 3B (Minimum Information Requirements) Annex 4A (Period of Time to Implement the Commitments) Annex 7A (Practices Relating to Anti-Dumping and Countervailing Duty Proceedings) Annex 8A (Financial Services) Annex 8B (Telecommunications Services) Annex 8C (Professional Services) Annex 10A (Customary International Law) Annex 10B (Expropriation) Annex 11A (Party-Specific Transition Periods) Annex 11B (List of Technical Assistance Requests) Annex 13A (Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Brunei Darussalam) Annex 13B (Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Cambodia) Annex 13C (Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Lao PDR) Annex 13D (Application of Article 13.3 (Appropriate Measures against Anti-Competitive Activities) and Article 13.4 (Cooperation) to Myanmar) Annex 16A (Paper or Electronic Means Utilised by Parties for the Publication of Transparency Information) Annex 18A (Functions of the Subsidiary Bodies of the RCEP Joint Committee) Market Access Annexes: Annex I – Schedules of Tariff Commitments Annex I – General Headnotes Brunei Darussalam – Headnotes Brunei Darussalam – Schedule of Tariff Commitments Cambodia – Headnotes Cambodia – Schedule of Tariff Commitments Indonesia – Headnotes Indonesia – Schedule of Tariff Commitments Indonesia – Appendix on Tariff Differentials Lao PDR – Headnotes Lao PDR – Schedule of Tariff Commitments Malaysia – Headnotes Malaysia – Schedule of Tariff Commitments Myanmar – Headnotes Myanmar – Schedule of Tariff Commitments Philippines – Headnotes Philippines – Schedule of Tariff Commitments Philippines – Appendix on Tariff Differentials Singapore – Headnotes Thailand – Headnotes Thailand – Schedule of Tariff Commitments Thailand – Appendix on Tariff Differentials Viet Nam – Headnotes Viet Nam – Schedule of Tariff Commitments Viet Nam – Appendix on Tariff Differentials Australia – Headnotes Australia – Schedule of Tariff Commitments China – Headnotes China – Schedule of Tariff Commitments China – Appendix on Tariff Differentials Japan – Headnotes Japan – Schedule of Tariff Commitments Japan – Appendix on Tariff Differentials Korea – Headnotes Korea – Schedule of Tariff Commitments Korea – Appendix on Tariff Differentials New Zealand – Headnotes New Zealand – Schedule of Tariff Commitments Annex II – Schedules of Specific Commitments for Services Cambodia – Schedule of Specific Commitments for Services Lao PDR – Schedule of Specific Commitments for Services Myanmar – Schedule of Specific Commitments for Services Philippines – Schedule of Specific Commitments for Services Thailand – Schedule of Specific Commitments for Services Viet Nam – Schedule of Specific Commitments for Services China – Schedule of Specific Commitments for Services New Zealand – Schedule of Specific Commitments for Services Annex III – Schedules of Reservations and Non-Conforming Measures for Services and Investment Brunei Darussalam – Schedule of Reservations and Non-Conforming Measures for Investment Cambodia – Schedule of Reservations and Non-Conforming Measures for Services Indonesia – Schedule of Reservations and Non-Conforming Measures for Services Indonesia – Schedule of Reservations and Non-Conforming Measures for Investment Lao PDR – Schedule of Reservations and Non-Conforming Measures for Investment Malaysia – Schedule of Reservations and Non-Conforming Measures for Services and Investment Myanmar – Schedule of Reservations and Non-Conforming Measures for Investment Philippines – Schedule of Reservations and Non-Conforming Measures for Investment Singapore – Schedule of Reservations and Non-Conforming Measures for Services and Investment Thailand – Schedule of Reservations and Non-Conforming Measures for Investment Viet Nam – Schedule of Reservations and Non-Conforming Measures for Investment Australia – Schedule of Reservations and Non-Conforming Measures for Services and Investment China – Schedule of Reservations and Non-Conforming Measures for Investment Japan – Schedule of Reservations and Non-Conforming Measures for Services and Investment Korea – Schedule of Reservations and Non-Conforming Measures for Services and Investment New Zealand – Schedule of Reservations and Non-Conforming Measures for Investment Annex IV – Schedules of Specific Commitments on Temporary Movement of Natural Persons Brunei Darussalam – Schedule of Specific Commitments on Temporary Movement of Natural Persons Cambodia – Schedule of Specific Commitments on Temporary Movement of Natural Persons Indonesia – Schedule of Specific Commitments on Temporary Movement of Natural Persons Lao PDR – Schedule of Specific Commitments on Temporary Movement of Natural Persons Malaysia – Schedule of Specific Commitments on Temporary Movement of Natural Persons Myanmar – Schedule of Specific Commitments on Temporary Movement of Natural Persons Philippines – Schedule of Specific Commitments on Temporary Movement of Natural Persons Singapore – Schedule of Specific Commitments on Temporary Movement of Natural Persons Thailand – Schedule of Specific Commitments on Temporary Movement of Natural Persons Viet Nam – Schedule of Specific Commitments on Temporary Movement of Natural Persons Australia – Schedule of Specific Commitments on Temporary Movement of Natural Persons China – Schedule of Specific Commitments on Temporary Movement of Natural Persons Japan – Schedule of Specific Commitments on Temporary Movement of Natural Persons Korea – Schedule of Specific Commitments on Temporary Movement of Natural Persons New Zealand – Schedule of Specific Commitments on Temporary Movement of Natural Persons
Entry Into Force Status	In Force
Source	RCEP Secretariat
Date of Entry into Force	01/01/2022
Entry into Force / Termination Provisions	Article 20.6: Entry into Force 1. This Agreement shall be subject to ratification, acceptance, or approval by each signatory State in accordance with its applicable legal procedures. The instrument of ratification, acceptance, or approval of a signatory State shall be deposited with the Depositary. 2. This Agreement shall enter into force for those signatory States that have deposited their instrument of ratification, acceptance, or approval, 60 days after the date on which at least six signatory States which are Member States of ASEAN and three signatory States other than Member States of ASEAN have deposited their instrument of ratification, acceptance, or approval with the Depositary. 3. After the date of entry into force of this Agreement, this Agreement shall enter into force for any other signatory State 60 days after the date on which it has deposited its instrument of ratification, acceptance, or approval with the Depositary. Article 20.8: General Review 1. The Parties shall undertake a general review of this Agreement with a view to updating and enhancing this Agreement to ensure that this Agreement remains relevant to the trade and investment issues and challenges confronting the Parties, five years after the date of entry into force of this Agreement, and every five years thereafter, unless the Parties agree otherwise. 2. In conducting a review pursuant to this Article, the Parties shall: (a) consider ways to further enhance trade and investment among the Parties; and (b) take into account: (i) the work of all committees and subsidiary bodies established pursuant to Chapter 18 (Institutional Provisions); and (ii) relevant developments in international fora.
Status
ASEAN States	(Source: Note: There is no single source for the status of RCEP in each ASEAN state (such as the ASEAN or RCEP Secretariats). Links to status from member states’ official ministries (where available): Brunei Darussalam: Press Release from the Ministry of Finance and Economy, Brunei Darussalam Cambodia: Not available. See instead this Press Release from the ASEAN Secretariat stating that RCEP entered into force for Cambodia. Indonesia: Press Release from the Ministry of Trade, Indonesia. Lao PDR: Not available. See instead this Press Release from the ASEAN Secretariat stating that RCEP entered into force for Lao PDR. Malaysia: Media Release from the Ministry of International Trade and Industry, Malaysia Myanmar: Press Release by the Ministry of Foreign Affairs, Myanmar. Note however that following the ‘situation in Myanmar‘, Myanmar’s ratification document appears to be in question with the ASEAN Secretariat, which has not acknowledged in its Press Release that RCEP has entered into force for Myanmar. A Press Release by the Ministry of Foreign Affairs also states that there are “delays for [RCEP] to enter into force for Myanmar”. Singapore and China appear to recognise Myanmar’s ratification. The Philippines and New Zealand appear to not recognise Myanmar’s ratification. The Philippines: Press Release from Senate of the Philippines, 19th Congress Singapore: Press Release from the Ministry of Trade and Industry, Singapore Thailand: Press Release from the Ministry of Foreign Affairs, Kingdom of Thailand Australia : Media Release by the Honourable Dan Tehan MP, Minister for Trade, Tourism and Investment, and Senator the Hon Marise Payne, Minister for Foreign Affairs, Minister for Women China: Press Release from the Ministry of Commerce of the Peoples’ Republic of China Japan: Press Release from the Ministry of Foreign Affairs, Japan Korea: Report from the Ministry of Trade, industry and Energy, South Korea New Zealand: Timeline from the Ministry of Foreign Affairs and Trade, New Zealand as of 13/02/2023)
Brunei Darussalam	Signature 15/11/2020 Ratification 11/10/2021
Cambodia	Signature 15/11/2020 Ratification
Indonesia	Signature 15/11/2020 Ratification 20/08/2022
Lao PDR	Signature 15/11/2020 Ratification
Malaysia	Signature 15/11/2020 Ratification 17/01/2022
Myanmar	Signature 15/11/2020 In Question
Philippines	Signature 15/11/2020 Ratification 21/02/2023
Singapore	Signature 15/11/2020 Ratification 09/04/2021
Thailand	Signature 15/11/2020 Ratification 28/10/2021
Vietnam	Signature 15/11/2020 Ratification 29/10/2021
Other Country	Australia Signature (15/11/2020) Ratification (02/11/2021) People's Republic of China Signature (15/11/2020) Ratification (15/04/2021) Japan Signature (15/11/2020) Ratification (25/6/2021) Republic of Korea Signature (15/11/2020) Ratification (03/12/2021) New Zealand Signature (15/11/2020) Ratification (02/11/2021)
Related Instruments
Related Instruments	2018 Joint Media Statement on the Fifth Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting 2018 Joint Media Statement on the Fourth Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting 2017 Joint Leaders’ Statement on the Negotiations for the Regional Comprehensive Economic Partnership 2017 Joint Media Statement on the Fifth Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting 2017 Joint Media Statement on the Third Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting 2016 Joint Leaders’ Statement on the Regional Comprehensive Economic Partnership (RCEP) 2016 Joint Media Statement on the Second Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting 2015 Joint Media Statement of the Third Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting 2015 Joint Statement on the Regional Comprehensive Economic Partnership (RCEP) Negotiations 2014 Joint Media Statement of the Second Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting 2013 Joint Media Statement on the First Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting 2012 Guiding Principles and Objectives for Negotiating the Regional Comprehensive Economic Partnership 2012 Joint Declaration on the Launch of Negotiations for the Regional Comprehensive Economic Partnership 2011 ASEAN Framework for Regional Comprehensive Economic Partnership 2009 ASEAN Trade in Goods Agreement 1994 Marrakesh Agreement Establishing the World Trade Organisation
External Links	RCEP Secretariat accessed on 13/02/2023
Additional Information	Please note that official data on individual countries’ RCEP ratification status was unavailable at the time of update. Ratification dates provided in this entry have been obtained from press releases and media reports. See “ASEAN States Source” above.