4 ms·
the RCEP is apparently being written to allow members to play fast and loose with IP and labour laws. If TPP goes through, TPP members signing the RCEP will not
by princeb 10y ago
the RCEP is apparently being written to allow members to play fast and loose with IP and labour laws. If TPP goes through, TPP members signing the RCEP will not accept an agreement that allows non TPP members to be held to a lower standard while trading with TPP members who are bound to the TPP requirements. The RCEP is not an opposing plan to the TPP that is true, and likely both will coexist peacefully in the future, but TPP going through is going to influence the nature of RCEP significantly. the RCEP is still in infancy, so a lot can change in that thing.