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Understanding Free Trade Agreements: RCEP and why it's important for your business
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25/08/2016
When: Thu 25 Aug 2016
5:30 PM until 7:30 PM
Where: Uluru Boardroom, Commonwealth Bank of Australia
38 Beach Road #06-11
South Beach Tower
Singapore 189767
Singapore
Contact: 6738 7917


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Understanding Free Trade Agreements: RCEP and why it’s important for you


The Regional Economic Comprehensive Partnership (RCEP) could be the biggest trade deal in history covering China, Japan, India, South East Asia and Australasia: 45% of the world’s population and a combined GDP of $22 trillion.

Despite the huge potential, recent surveys of Australian companies have found many lack understanding of free trade agreements such as RCEP. RCEP will improve upon previous ASEAN +1 agreements. It will cover goods, services, investment, customs, technical co-operation, intellectual property, competition, dispute settlement, e commerce and other issues.

What it means for Australian and Singaporean companies:

  • We don't know precisely at this stage - still under negotiation and won't be concluded soon
  • But this means input is still possible. Australia has been relatively open to contributions, holding stakeholder events in Perth
  • Access typically represents the interests of countries relative to others. Easier to achieve access in less contested industries and less organised industries.
  • Overview of Current Australia - RCEP countries FTAs
  • Overview of Current Singapore - RCEP countries FTAs

This talk will explain what RCEP is, what it is likely to contain, who will be affected and how Australian businesses can take advantage of new opportunities. It will also cover the latest development from the latest round of talks in Auckland. Join us as Deborah Elms, Executive Director of the Asian Trade Centre in Singapore, speak about understanding Free Trade Agreements, in particular the RCEP.


Deborah Elms is Executive Director of the Asian Trade Centre in Singapore. She is also a senior fellow in the Ministry of Trade and Industry’s (MTI) Trade Academy. Deborah’s present research involves the Trans-Pacific Partnership (TPP), Regional Comprehensive Economic Partnership (RCEP), ASEAN Economic Community (AEC) negotiations and global value chains.

Previously Deborah was head of the Temasek Foundation Centre for Trade & Negotiations (TFCTN) and senior fellow of international political economy at the S. Rajaratnam School of International Studies at Nanyang Technological University (NTU). She has also provided consulting on a range of trade issues to governments including the United Arab Emirates, Sri Lanka, Cambodia, Taiwan, and Singapore. Deborah publishes the Talking Trade Blog.

Price (includes breakfast)
$30 AustCham member/spouse
$40 AustCham member guest
$60 Guest
(Prices stated are subject to GST)

Payment Terms
Registration will be considered confirmed at time of booking.
Payment must be received prior to the event and can be made by cheque or online credit card facility on our website.
No cash will be accepted on the day of event.

Cancellation Notice
No refunds or cancellation after 5.00pm, Saturday 20 August 2016.