Tag: rcep

rcep

Latest News

Korea to attend RCEP joint committee meeting in Indonesia

Korea will take part in a joint committee meeting of a regional mega trade pact to be held in Indonesia this week, the Industry Ministry said Tuesday.

2023.7.18

Malaysian Ambassador to Korea Lim Juay Jin speaks with the Korea JoongAng Daily at the embassy in Seoul on Tuesday. [PARK SANG-MOON]

[INTERVIEW] Truly Asian envoy has ties to Korea going back decades

There is no single way to explain the global popularity of Korean dramas, music and films, but one country in Southeast Asia was an early adopter. “BTS has been a worldwide phenomenon, no doubt about that, but even a relatively middle aged man...

2022.9.1

Most popular

From left, Kim Chang-beom, former Korean ambassador to Indonesia, moderates a panel discussion at the Korea-Asean RCEP Forum at the Westin Josun Seoul on Tuesday, as Cambodian Ambassador to Korea Chring Botumrangsay, Indonesian Ambassador Gandi Sulistiyanto, the Philippines Ambassador Maria Theresa Dizon-De Vega, Singapore’s Deputy Chief of Mission Adrian Li, Thai Ambassador Witchu Vejjajiva and Vietnamese Ambassador Nguyen Vu Tung share their respective governments’ views on RCEP and expectations for its implications on trade relations with Korea. [PARK SANG-MOON]

RCEP diplomats emphasize benefits of trade pact

Diplomats from six RCEP member countries emphasized that their trade pact will be beneficial for all 15 members at the Korea-Asean RCEP Forum, with Korea positive about joining more trade agreements with Asean countries.

2022.5.24

Ambassadors and diplomats of the Asean member states, as well as corporate executives and ASEAN experts attend the Korea-ASEAN RCEP Forum at the Westin Josun Seoul on Tuesday. [PARK SANG-MOON]

Forum focusing on Asean was a first

Ambassadors and executives that attended the Korea JoongAng Daily’s Tuesday forum described the event as “stimulating” and “timely.”

2022.5.24

Export ships docked at a port in Busan. The global trade order has been changing rapidly, leaving Korea, which relies on trade, vulnerable. [YONHAP]

As globalization ends, RCEP will help maintain trade order

Korea is sailing into uncharted waters as three decades of globalization comes to an end and a new era of trade blocs begins in the context of a new Cold War. RCEP is seen cushioning the blow of global economic shifts.

2022.5.23

A rendering of the Thu Thiem complex that will be built by Lotte Engineering & Construction in Ho Chi Minh City, Vietnam. [LOTTE ENGINEERING & CONSTRUCTION]

Asean has become a target market for Korea investment

Retailers and construction companies are putting more emphasis on Asean markets as the pandemic eases.

2022.5.23

Kim Hae-yong, secretary general of the ASEAN-Korea Centre, fourth from right; Pg Hjh Nooriyah Plw Pg Hj Yussof, Brunei ambassador to Korea, third from right; Kim Heung-chong, president of Korea Institute for International Economic Policy, fourth from left; Cheong Chul-gun, CEO of the Korea JoongAng Daily, third from left; and representatives of businesses and investors in Asean and Korea and members of the ASEAN Secretariat participate in the ASEAN-Korea Trade and Investment Roundtable 2022 at the Shilla Seoul on Wednesday. [PARK SANG-MOON]

Korea-Asean forum is bullish on RCEP

The Regional Comprehensive Economic Partnership (RCEP), the largest free trade agreement to date, is a step in the right direction to create a single market between Northeast and Southeast Asia, said speakers at a forum hosted by the ASEAN-Korea…

2022.4.20

Asean-Korea forum to be held Wednesday at Shilla Seoul

The ASEAN-Korea Centre is hosting a forum on trade and business investment opportunities in both Korea and Asean member states on Wednesday, two months after the Regional Comprehensive Economic Partnership (RCEP) became effective in Korea...

2022.4.18

Cargo to be shipped abroad loaded on a dock in Busan on Jan. 21. The world’s biggest trade pact, with 15 countries in Asia Pacific region, went into effect starting Feb. 1 in Korea. [YONHAP]

Korea joins RCEP, a light but significant trade agreement

Today, the world's largest free trade agreement went into effect in Korea, bringing Asia-Pacific economies together into an unprecedented bloc.

2022.1.31

Finance Minister Hong Nam-ki announces the Korean government's decision to start the process in joining the 11-nation multilateral trade pact, CPTPP, during the government meeting held on Monday in Seoul. [YONHAP]

Korea is taking the plunge on the CPTPP

Korea is taking the first steps to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a multilateral free trade agreement involving 11 other nations.

2021.12.13