INDONESIA: RCEP AGREEMENT RATIFICATIONIndonesia has ratified its accession to the Regional Comprehensive Economic Partnership (RCEP) on 30 August 2022, being the last country to do so. Indonesian exports will benefit from reduced tariffs among RCEP member
Indonesia has ratified its accession to the Regional Comprehensive Economic Partnership (RCEP)
on 30 August 2022, being the last country to do so. Indonesian exports will benefit from reduced tariffs among RCEP members, and will also become more attractive to new investors. Forecasts indicate that the RCEP will cover 30% of world trade.