The 10 member states of the ASEAN and China, Japan, South Korea, Australia and New Zealand signed the Regional Comprehensive Economic Partnership Agreement on 15th November 2020. The RCEP will become effective when at least six ASEAN member states and three non-ASEAN signatories out the 15 member states ratify it. Currently three members have ratified it. Thailand ratified the RCEP on 15th February 2021. The economy of the RCEP members account for around 30% of the world economy.
On 8th April 2021, Bird & Bird ATMD (Singapore) and Bird & Bird Shanghai, with support from the China Council for the Promotion of International Trade (CCPIT) organize a webinar on How the RCEP Impacts FDI in the Philippines, Thailand, and Vietnam. Kowit Somwaiya, Managing Partner of LawPlus Ltd., speaks about the volumes of the trade and FDI between Thailand and China, Japan, South Korea, Australia and New Zealand, the investment ecosystems and incentives available under the laws on the Investment Promotion Act, and the Eastern Economic Corridor Special Economic Promotion Zone Act of Thailand.
Please click the slide cover below for his bilingual presentation slides (English and Chinese).
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- Client Coordinator | bangkok
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