The 25th RCEP-TNC and Related Meetings was held from 19-28 February 2019 in Bali, Indonesia. RCEP enters the sixth year of negotiation process, which is stated by leaders of 10 ASEAN countries and 06 ASEAN FTA Partners (Australia, China, India, New Zealand, Japan and Korea), to be concluded by 2019.
RCEP is a so-called mega-regional economic integration that covers half of the world's population, around 3.5 billion people, combines nearly 1/3 of global GDP and around 30% Global flows of foreign direct investment. This agreement aims to broaden and deepen the regional economic integration, to enhance economic development of the region, to promote economic cooperation, and to achieve a modern, comprehensive, high-quality, and mutually beneficial economic partnership agreement among the ASEAN Member States and ASEAN’s FTA Partners.
In this round of negotiations, the meeting emphasized the progress of market access negotiations on trade in goods, trade in services and investment as well as text-based negotiations in each chapter, by defining clear indicator to be achieved and detailed workplan till the end of 2019, in order to announce substantial conclusion.
Currently, there are successful conclusion of 7 Chapters: (i) Small and Medium Enterprises (SMEs), (ii) Economic and Technical Cooperation (ECOTECH); (iii) Customs Procedures and Trade Facilitation (CPTF); and (iv) Government Procurement; (v) Sanitary and Phytosanitary (SPS) Measures, (vi) Institutional Provision; and (vii) Standards, Technical Regulations and Conformity Assessment Procedures (STRACAP).
|Luangnamtha Province to Become New Regional Transport Hub||News||2020-02-20|
|Retail price of face masks has been set to keep the price at a level that people on low incomes can afford.||News||2020-02-10|
|Laos Suspends Visas at Checkpoints Bordering China||News||2020-02-05|
|Luangnamtha Province to Become New Regional Transport Hub||News|
|Retail price of face masks has been set to keep the price at a level that people on low incomes can afford.||News|
|Laos Suspends Visas at Checkpoints Bordering China||News|
|D53 and Smart VAT2 systems have been launched officially at the first International Lao-Thai Friendship Bridge in Vientiane on 17 January 2020.||News|
|Xiengkhuang provincial authorities are preparing to notify the hotels and guesthouses in the province on lowering their price by 20% during the cerebration of 11th National Games||News|
|Public consultation meeting on draft decree on electronic commerce of the Lao PDR on 6th December 2019, at Landmark Hotel, Vientiane.||News|
|The opportunity and Challenge of Digital System Toward the Socio-Economic Development in Lao PDR||News|
|Laos Receives World Heritage Certificate for Plain of Jars||News|
|Governor of Bank of the Lao PDR Explains Reasons for "Weak KIP"||News|
|Meeting of seeking comments on draft decree on electronic commerce of the Lao PDR took place during 24-26 October 2019, at Riverea Hotel, Thakeak District, Khammaun Province.||News|
|BCEL cooperates with Swift Pass and NTT DATA to facilitate the payment via WeChat Pay and AliPay in Lao PDR||News|
|In-country refersher training and technical assistance workshops to prepare negative list sechedules under took place on 14 – 16 october 2019, at lao plaza hotel, vientiane capital.||News|
|Laos’s Major Telecom Operators Preparing for 5G Network||News|
|The 27th Regional Comprehensive Economic Partnership (RCEP) for Trade Negotiating Committee Meeting (TNC) and Related Meetings on 22 - 31 July 2019 in Zhengzhou, China.||News|
|The celebration on Micro, Small and Medium-Size enterprise’s day (MSME)||News|
|The 1st Project Review Committee Meeting for Lao PDR Competitiveness and Trade Project (LCT) took place on 18 June 2019, at Crowne Plaza Hotel, Vientiane Capital.||News|
|Workshop on Guidebook and Curriculum on Laos Economic Integration into Global and Regional Economy on 10 May 2019, at Ministry of Industry and Commerce||News|
|The 25th Regional Comprehensive Economic Partnership (RCEP) for Trade Negotiating Committee Meeting (TNC) and Related Meetings on 19 - 28 February 2019 in Bali, Indonesia.||News|
|Capacity building and outreach on ASEAN Solutions for Investments, Services and Trade (ASSIST) on 28 February - 01 March 2019, at Lao Plaza Hotel, Vientiane Capital.||News|
|Workshop on Trade in Goods Agreement and Border Trade of Lao PDR and Workshop on Guidebook and Curriculum on Laos Economic Integration into Global and Regional Economy, during 14 - 15 February 2019, at Department of Industry and Commerce, Savannakhet Prov||News|