Other FTAs with RCEP participating countries
Other FTAs between and among RCEP participating parties will co-exist with RCEP. Businesses will be able to decide which FTA they will use, based on a range of factors such as the tariffs and associated rules of origin applied. Many Australian export businesses currently make these assessments, for example, between SAFTA or TAFTA and AANZFTA.
For information on Australia's current FTAs, refer the FTAs in force page
FTAs among RCEP participating countries
The table below illustrates FTAs between ASEAN FTA partners.
ASEAN* | Australia | China | Japan | Korea | New Zealand | |
---|---|---|---|---|---|---|
ASEAN* | ✔ | ✔ | ✔ | ✔ | ✔ | |
Australia | ✔ | ✔ | ✔ | ✔ | ✔ | |
China | ✔ | ✔ | ✔ | ✔ | ||
Japan | ✔ | ✔ | ❚❚ | |||
Korea | ✔ | ✔ | ✔ | ❚❚ | ✔ | |
New Zealand | ✔ | ✔ | ✔ | ✔ | ||
Key | ||||||
✔ FTA concluded, signed and in force | ||||||
❚❚ Negotiations paused |
Other information
DFAT maintains up-to-date country and regional factsheets containing economic data about each of the RCEP participating countries.
Resources
- Joint Declaration by Leaders on Signature of the RCEP, 15 November 2020
- Joint Declaration by Leaders on the Launch of the Regional Comprehensive Economic Partnership, 20 November 2012 [PDF]
- The Guiding Principles and Objectives for Negotiating the Regional Comprehensive Economic Partnership, as endorsed by Leaders, 20 November 2012 [PDF]