Signing of Regional Comprehensive Economic Partnership (RCEP)

Signing of Regional Comprehensive Economic Partnership

Impacts on the Asia Pacific region


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On 15 November 2020, 15 countries came together to sign one of the largest ever free trade agreements – the Regional Comprehensive Economic Partnership (“RCEP”).

The agreement will provide a framework for facilitating free and more streamlined trade arrangements among the signatories.

This is unprecedented in scale, scope and potential impact, both in Asia Pacific and globally. Explore our analysis of the agreement in a handy three-page overview.

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Lachlan Wolfers
Head of Global Indirect Taxes,
KPMG International Limited

Irwan Setiawan
Head of Trade and Customs
KPMG Indonesia

Sontang Ruli Siregar
Director Customs Specialist
KPMG Indonesia

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