久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Industry leaders voice high hopes for trade pact

By PRIME SARMIENTO and YANG HAN in Hong Kong | CHINA DAILY | Updated: 2022-04-04 07:47
Share
Share - WeChat
A container is hoisted from a ship berthed at Tianjin Port Alliance International Container Terminal on Feb 28, which marked the official opening of the first ocean route to Australia from a port in the city since the RCEP took effect. TONG YU/CHINA NEWS SERVICE

Regional cooperation agreement to bring wide range of benefits to member states

Laotian business executive Phouxay Thepphavong has high hopes that his country will benefit from membership of the world's largest trading pact.

The landlocked nation is one of the 15 Asia-Pacific countries that comprise the Regional Comprehensive Economic Partnership, or RCEP.

Phouxay, secretary-general of the Lao National Chamber of Commerce and Industry, believes that membership of the pact will open up a bigger market for Laotian exporters.

"We expect the RCEP will help Laos benefit from more market access to member countries," he said.

Key Laotian exports include gold, pulp and paper, copper ore and farm produce, most of which go to neighboring China, Thailand and Vietnam.

However, thanks to the RCEP, Phouxay is hoping that Laos can tap other markets in the Asia-Pacific region. He also said the China-Laos railway may play an active role in the partnership, which took effect on Jan 1 after many years of negotiations.

The railway, which began operations on Dec 3, is an important part of the pan-Asian rail network that will ultimately connect Kunming, capital of Yunnan province, to Thailand and Singapore. Phouxay said the line will not only ease transportation of goods between Laos and China, but will also benefit other Asian countries using it for trade.

Phouxay's optimism mirrors that of other industry leaders in RCEP member countries. The partnership might only be three months old, but it promises access to a huge market.

The RCEP comprises the 10 members of the Association of Southeast Asian Nations, or ASEAN, plus China, Japan, the Republic of Korea, Australia and New Zealand. These members account for 30 percent of the world's population.

The pact is expected to eliminate tariffs on more than 90 percent of goods traded among its members. These tariffs will be gradually reduced over a 20-year period.

Kurt Wee, president of the Association of Small and Medium Enterprises, which is based in Singapore, said the RCEP is a "very important framework" that positions enterprises toward the larger economic marketplace. Wee said this is due to the "preferential dealing terms" that reduced trade barriers among member countries.

According to industry executives and analysts, in addition to tariff cuts, the partnership will facilitate trade by promoting transparency, enforcing uniform trade rules and deepening regional integration.

Aya Adachi, analyst at the Mercator Institute for China Studies, which is based in Berlin, said the RCEP "will benefit cross-border production networks within the region the most".

She said this is because the partnership introduced a common rule of origin for production. Manufacturers will only have to abide by a single rule for all eligible tariff plans for exports to RCEP markets, reducing the difficulties of meeting a series of regulations in different free trade agreements signed earlier by RCEP members.

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲免费人成在线视频观看 | 午夜私人影院免费体验区 | 精品久久久影院 | 欧美激情精品久久久久久久九九九 | 久久精品国产大片免费观看 | 亚洲网站一区 | 日韩在线手机看片免费看 | 一级一片免费播放 | 免费播放aa在线视频成人 | 欧美成人精品在线 | 日本理论片午夜论片 | 日韩成人毛片高清视频免费看 | 国产免费自拍 | 久爱午夜精品免费视频 | 美女的让男人桶到爽软件 | 欧美区一区二区三 | 一级黄视频 | 久久国产免费观看 | 中文字幕一区二区三区有限公司 | 亚洲性生活视频 | 91丨九色丨首页在线观看 | 真人一级毛片全部免 | 国产精品外围在线观看 | 欧美一级毛片免费观看视频 | 欧美亚洲黄色 | 国产成人在线视频免费观看 | 欧美成人看片黄a免费 | 涩里番资源网站在线观看 | a级成人毛片久久 | 萌白酱福利视频在线网站 | 久草在线视频中文 | 韩国美女激情视频一区二区 | 蝴蝶成人世界第八影院 | 亚洲成a人在线播放www | 97dyy影院理论片 | 成人高清视频在线观看 | 黄影院 | 人成精品视频三区二区一区 | 日本三级成人中文字幕乱码 | 午夜精品网 | 香港aa三级久久三级老师 |