RCEP increases the need for trade automation

RCEP increases the need for trade automation

Regional Comprehensive Economic Partnership (RCEP), which negotiators hope to complete by the end of 2017, will create one of the world's largest free-trade zones accounting for 45% of the world's population and approximately 30% of global GDP. With different rules of origin and duty rates for the myriad of agreements existing with ASEAN member nations, RCEP adds an added layer of complexity in navigating an already complicated mix of trade agreements in Asia.

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