Customs Interpretation of Tariff Concessions under the RCEP Agreement
2022-02-07 15:34:06
On November 15, 2020, the 10 ASEAN countries and 15 Asia-Pacific countries including China, Japan, South Korea, Australia, and New Zealand formally signed the Regional Comprehensive Economic Partnership (RCEP), marking the current world's largest population and economic and trade scale. The largest and most potential free trade zone has officially set sail.
After the agreement comes into effect, more than 90% of the trade in goods in the region will eventually achieve zero tariffs, and the