Regional Comprehensive Economic Partnership Agreement

The Regional Comprehensive Economic Partnership (RCEP) is a milestone achievement in the regional economic integration led by the Association of Southeast Asian Nations (ASEAN) over the last 3 decades. It was formed to mitigate the challenges of dealing with multiple free trade agreements. This report analyses and compares the legal text of RCEP, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and relevant agreements of the World Trade Organization. It offers a mix of policy recommendations and suggests road maps to orient RCEP toward successful implementation.