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East Asia’s New Economic Agreement: RCEP, ASEAN Centrality and Global Trade Uncertainty

About the Webinar

ASEAN has managed to bring its free trade partners together into an East Asia-wide economic agreement. The conclusion of the Regional Comprehensive Economic Partnership (RCEP) in November in 2019 at a time of global turbulence that has only increased by the time RCEP has come into force in 2022, is also a huge achievement of strategic significance in pushing back against the threats to the multilateral system.

RCEP is the world’s largest regional pact in terms of GDP, trade volume, foreign direct investment and population size. New market access and rules are locked in. Bringing RCEP into force is not the end point, but the start of an elevated process of regional integration for ASEAN and its partners.

This webinar will explore the prospects for RCEP to deepen economic cooperation and integration in East Asia and the implications for ASEAN, Northeast Asia, the trans-Pacific and trans-Asian economic and political relationships with the United States and India, and the multilateral trading system and how it relates to other regional initiatives such as CPTPP and the proposed Indo-Pacific Economic Framework. The webinar launches the latest issue of East Asia Forum Quarterly on East Asia’s Economic Agreement.

The webinar kicks off a new series on regional economic issues co-organised by the East Asian Bureau of Economic Research at the Australian National University and the Regional Economic Studies Programme at the ISEAS – Yusof Ishak Institute.

About the Panel

Shiro Armstrong is an economist and Associate Professor at the Crawford School of Public Policy.

Mia Mikic is a trade economist with a keen interest in sustainable development and with a proven track record and experience in academia and international civil service.

Jayant Menon is a Senior Fellow at ISEAS–Yusof Ishak Institute, Singapore.

Yose Rizal Damuri is Executive Director of the Center for Strategic and International Studies, Jakarta.

May 18, 2022 10:00 AM in Singapore

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