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Regional Comprehensive Economic Partnership signed simultaneously in 15 nations

By 1 Min Read

On November 15, 2020, the Regional Comprehensive Economic Partnership (RCEP) was signed by China and 14 other nations — the 10 countries of the Association of Southeast Asian Nations (Brunei*, Cambodia, Indonesia, Laos, Malaysia*, Myanmar, Philippines, Singapore*, Thailand and Vietnam*) plus Australia*, China, Japan*, New Zealand* and South Korea. Many of the products for which tariffs are eliminated are already duty-free. [Countries with an * are also signatories to the CPTPP] RCEP was originally proposed…

Philippines-Hong Kong trade agreement takes effect

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On May 12, 2020, the Philippines component of the Free Trade Agreement (FTA) and Investment Agreement (IA) between Hong Kong, China and the Association of Southeast Asian Nations (ASEAN) entered into force. The FTA and IA entered into force between Hong Kong and Laos, Malaysia, Myanmar, Singapore, Thailand and Vietnam in 2019. According to the Hong Kong Trade Development Council (HKTDC), under the FTA, the Philippines will progressively eliminate and reduce customs duties on goods…

EU – Myanmar/Burma: EU strengthens arms embargo and adopts framework against serious human rights violations

By 2 Mins Read

On 27 April 2018, the EU published legislation imposing further restrictive measures on Myanmar/Burma, strengthening the EU’s arms embargo and targeting the Myanmar/Burma army and border guard police officials. These measures, which came into force today, are contained in Council Regulation 2018/647, and are a direct follow up to the Foreign Affairs Council conclusions of 26 February 2018 on the situation in Myanmar/Burma.