Malaysia branch, Indonesia branch, China’s Zhejiang branch and International Investment Institutions signed RCEP Strategic Cooperation Memorandum

(GUOANN.com, March 13, 2022) Since March 3rd to 10th, GUOANN.com has negotiated with various projects, programs and strategic partners through online video conferences and in-person visits for many times. To complete the signing ceremony of the first phase of the Strategic Cooperation Memorandum in early March, this is a very important start for the Platform.

Under the leadership of President Teo Kok Ann, the founder of the Platform, Malaysia, Indonesia and China's Zhejiang, which are members of the RCEP economy, were established to kick off all RCEP projects. The Platform will take the lead in laying the foundation of the Platform when Malaysia is about to officially sign as a member of the RCEP economy on March 18, so that Malaysia will officially join the RCEP and immediately invest in the matching of relevant projects that are ready to go.

The Vision of the platform is "Free Project Matching, Everyone has the Opportunity", and members can get discounts now, and President Teo also called on entrepreneurs in Malaysia, Indonesia and China's Zhejiang to join this good Platform together!

Regional Comprehensive Economic Partnership

RCEP economies will achieve a "zero" tariff policy, a high-level free trade agreement consisting of a total of 15 parties, including China, Japan, South Korea, Australia, New Zealand and other 10 countries that have free trade agreements with ASEAN. The agreement is also open to other external economies, such as Central Asian countries, South Asia and other countries in Oceania.

RCEP aims to establish a free trade agreement of a single market by reducing tariff and non-tariff barriers. After the approval and entry is enforced, "the tariff reduction among the members is mainly based on the commitment to reduce the tariff to zero immediately and within 10 years."