"RCEP: New Future of Asian Economy" seminar held in Bangkok
2024-08-28
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China News Service, Bangkok, August 27 (Reporter Li Yingmin) The "RCEP: New Future of Asian Economy" seminar, co-organized by the China (Hainan) Institute for Reform and Development and the Boao Forum for Asia Secretariat and co-organized by the Hainan Free Trade Port Research Institute, was held in Bangkok, Thailand on the 27th.
The seminar site. Photo by Li Yingmin
This seminar invited former RCEP (Regional Comprehensive Economic Partnership) regional politicians, RCEP think tank alliance members, and relevant experts to focus on the RCEP and the new future of Asian economy. More than 50 people from think tanks in Malaysia, Laos, Indonesia, the Philippines, Thailand and other countries attended the meeting.
In his opening speech, Zhang Jun, Secretary General of the Boao Forum for Asia, pointed out that RCEP is an important institutional arrangement for Asia-Pacific regional integration and is in the common interests of Asian countries. At present, there is still a lot of work to be done to further promote the implementation of RCEP. It is necessary to create a favorable policy environment for the operation of RCEP; provide good basic support to ensure the stability and smoothness of the supply chain and industrial chain; implement the mechanism construction of RCEP; and promote RCEP to move towards a higher level of free trade agreement.
Chi Fulin, president of the China (Hainan) Institute for Reform and Development, pointed out in his speech that RCEP, the world's largest free trade zone, has been officially implemented for more than two years and has initially shown its important role in promoting regional economic cooperation and enhancing the region's economic resilience and risk resistance. The next few years will be a critical period for the full implementation of RCEP, which requires joint efforts from all parties.
Liu Zhenmin, former UN Under-Secretary-General and China's Special Envoy for Climate Change, pointed out that the formal implementation of RCEP provides a new option for the Asia-Pacific free trade process; as a country with mainly developing economies, RCEP needs to cope with the challenges brought by geopolitical changes and climate change in its future development.
Morax Sidragon, Assistant Minister of the Ministry of Industry and Trade of Laos, pointed out that RCEP has brought many benefits to Laos, an ASEAN member state, created new opportunities and improved its economic landscape.
Joseph, director of the Indonesian Center for Strategic and International Studies, believes that the implementation of RCEP requires accelerating the construction of relevant mechanisms, building trust and cooperation through diplomatic efforts, formulating RCEP strategies to cope with new challenges such as the environment and climate, and expanding the coverage of RCEP.
The seminar site. Photo by Li Yingmin
Jitma Nakamano, from the ASEAN Economic Division of the Trade Negotiation Department of the Thai Ministry of Commerce, pointed out that Thailand has made good progress in the implementation of RCEP. Thailand will strengthen the use of rules by the public sector to benefit the public and private sectors more.
Li Chun, director of the Hainan China Reform and Guohao Free Trade Port Legal Research Center, pointed out that it is necessary to start establishing relevant paths for RCEP dispute resolution, RCEP should pay more attention to intellectual property protection, and establish an RCEP legal coordination group or legal coordination committee.
Kuang Xianming, deputy director of the China (Hainan) Institute for Reform and Development, pointed out that the full implementation of RCPE will bring huge dividends, promote the release of the development potential of this region, and become an important force in promoting the process of Asian economic integration.
The meeting was chaired by Yang Rui, Executive Director of the China (Hainan) Institute for Reform and Development and Director of the RCEP Research Institute. (End)
