申博网上娱乐:RCEP to boost China-ASEAN ties, economic recovery

奔驰宝马娱乐电子游戏开户 Xinhua, September 13, 2021
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The signing ceremony of the Regional Comprehensive Economic Partnership (RCEP) agreement is held via video conference in Hanoi, capital of Vietnam, Nov. 15, 2020. [Photo/Xinhua]

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The RCEP has the potential to boost business confidence, benefit consumers and promote regional economic integration and equitable economic development for all participating countries, said Thanongsinh Kanlagna, executive vice president of the Lao National Chamber of Commerce and Industry, via a video message.

At the forum, officials, business leaders, scholars and entrepreneurs from China and ASEAN also called on the RCEP participating countries to work together for the agreement's early entry into force and implementation.

"To reap the rewards of the RCEP, we need to ensure the timely entry into force of the RCEP agreement," Dato Lim stated, noting that full, effective and efficient implementation of the RCEP is imperative for realizing its benefits.

He also commended China for setting an example as one of the first signatories that ratified the agreement.

Ratifications of six ASEAN member states and three non-ASEAN member countries are needed to reach the threshold of the RCEP's entry into force. Countries that have completed the ratification procedures include China, Singapore, Japan and Cambodia.

"Attaching great importance to the RCEP, the Chinese government has ratified the agreement and made full preparations for fulfilling its obligations under the agreement," Ren said.

He added that China will work with the RCEP participating countries to expedite their ratification processes for early entry into force and implementation of the agreement.

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