ASEAN and China to focus on RCEP
ASEAN and China intend to cooperate in production capacity as well support the finalisation this year of the Regional Comprehensive Economic Partnership. Commerce Minister Apiradi Tantraporn said last week that a statement on the cooperation will be issued at the ASEAN Summit in Vientiane, which takes place from tomorrow until September 8. Both sides will work to strengthen manufacturing and promote economic growth in the long run.
Update on RCEP talks, ASEAN and China as well as the other partner countries – South Korea, Japan, India, Australia and New Zealand – will give an update on the RCEP talks with a joint leaders’ statement. The target is for the 16 member states of RCEP to finalise the free-trade negotiations this year so that RCEP can be implemented next year.