How can the Philippines seize the opportunities in services trade under RCEP?
Rivera, John Paolo R.; Jr, Tereso S. Tullao | February 2022
Despite being a wide-ranging trading arrangement (Ho 2020; Pearson 2020; Rivas 2020; Drysdale and Armstrong 2021), RCEP is considered a marginal regional trade agreement. This is because RCEP merely compiles the previous commitments of the Association of Southeast Asian Nations (ASEAN) member-states with its free trade agreement (FTA) partner economies in the Asia-Pacific region—Australia, China, Japan, Korea, and New Zealand—collectively known as ASEAN’s FTA Partners (AFPs). However, even if it is a marginal regional trade arrangement, there are additional commitments made by AFPs beyond what they have committed in their respective FTA with ASEAN. These additional commitments reflect RCEP’s augmented benefits.
CitationRivera, John Paolo R.; Jr, Tereso S. Tullao. 2022. How can the Philippines seize the opportunities in services trade under RCEP?. © Philippine Institute for Development Studies. http://hdl.handle.net/11540/14881.
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Global value chain
Regional Development Bank
Access to markets
International trade law
Regional economic disparities
Regional economic blocs
Cumulative effects assessment
Human rights and globalizationShow allCollapse