Financial Watch regional comprehensive economic partnership will speed up negotiations

xinhuanet.com Naypyidaw on 10 May, (reporter Ouyang Wei Chang Yong Zhang Yunfei) the twenty-fourth China ASEAN leaders' meeting in May 10th to 11 in Burma, capital of Naypyidaw held, how to further promote the coverage of 16 Asian countries "regional comprehensive economic partnership" (RCEP) will be an important issue in the negotiation process.

RCEP was initiated by ASEAN Member States, is the mutual opening of markets, the Cheap Celtics Jerseys implementation of regional economic integration organization, goal is to eliminate internal barriers, creating and perfecting liberal investment environment, expanding the service trade.

2012 year in November, ASEAN, Japan, South Korea and Chinese, India, Australia and New Zealand announced the official launch of RCEP negotiation, begin FTA construction process. With an expected timetable, the negotiations will be completed by the end of 2015 and eventually reached the agreement, entered the implementation stage. RCEP FTA is completed, will cover about 3000000000 of the world population, economies in the region a total of more than $20 trillion, is expected to become the world's largest fta.

China Premier Li Keqiang in April this year, the Boao forum for Asia 2014 points out, "the regional comprehensive economic partnership agreement" in Asia are the participation of members of the most, the largest trade agreement negotiations, is the integration of existing mature fta. He said, RCEP has more inclusive, with Asian industrial structure, economic model and traditional social reality, take a gradual approach, taking into account the different development level members, not to Cheap FC Porto Jerseys the exclusion of other regional trade arrangements. China is ready to work together with other parties, actively promote the process of negotiations.

according to the 2012 August the first ASEAN trade partners of China Economic and trade ministerial meeting on the "RCEP negotiations through the guiding principles and objectives", RCEP negotiation areas including trade in goods, trade in services, investment, economic and technical cooperation, intellectual property rights, competition policy, dispute settlement mechanism eight aspects.

Since

in Brunei in May 2013 held the first round of negotiations, RCEP has so far held four rounds of negotiations. In the first round, have entered a substantive stage of liberalization of market access and the text mode field negotiations, reached a preliminary consensus parties make model, rules of origin, the tariff reduction in customs procedures and trade facilitation and the establishment of rules in the area of mechanism. This year 4 month in Chinese Nanning the end of the fourth round of negotiations on goods, services, investment and protocol Cheap Newcastle Jerseys framework issues have made positive progress.

observers pointed out, 2015 is expected to the establishment of the ASEAN community, ASEAN integration and upgrade time. Cheap Cardiff Jerseys Along with the Cheap Red Bull Jerseys integration degree promotion, ASEAN hopes Asian integration with its center can also upgrade, it will actively promote the RCEP negotiation, and by lowering the target for agreement in 2015.

however, RCEP negotiation Chinese delegation, Assistant Minister of Commerce Wang Shouwen said, due to different development level and negotiating position differences, RCEP future negotiations still has a long way to go "".

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