Discover and read the best of Twitter Threads about #RCEP

Most recents (10)

228/sc #Supply #Chain #Diversification: #USA needs to urgently shift the labor intensive & medium tech parts of its defence supply chains from 🇨🇳 to 🇮🇳 with the collateral benefit of getting more defence orders under #Atman #Nirbhar production; #GOI must ensure #EODB/#EORC
230/sc #Supply #Chain #Diversification . Note that Vietnam is a competitor in location of consumer digital products supply chains. (Reason & solution in next tweet)
Read 28 tweets
1. #NixonMao #rapprochement 50th ANNIVERSARY: SOME FACTS & LESSONS.
In only 50 years, everything changes. Strategic interests of two great powers aligned then as much as they clash today.
I hate threads but my blog is not out yet: here some disorderly thoughts.
2. In 1972, China needed to avert a terrestrial invasion from #USSR. The #UnitedStates was keen to gain a heavy-weight partner to checkmate #Moscow; but the long-term objective was to bring the most populous country into a rising US-led global economic order for the US to profit
3. In the following decades, the relationship was not void of tensions. However, strategic interests were important enough to save it from #TaiwanRelationsAct, #Reagan anti #communism and support for #Taiwan; #TiananmenSquare; #StraitCrisis 1995-1996; #Belgrade bombing
Read 23 tweets
Hari ini, Rabu (31 Maret), Mendag RI @MendagLutfi melakukan pertemuan secara virtual dengan Duta Besar RI Wellington, Tantowi Yahya.

#NegosiasiDagang
#AyoDagang
1. Pertemuan tersebut membicarakan isu-isu perdagangan yang dihadapi Indonesia maupun Selandia Baru dan potensi kerja sama lainnya yang dapat terjalin untuk meningkatkan total perdagangan kedua negara.

#NegosiasiDagang
#AyoDagang
2. Selandia Baru merupakan mitra strategis Indonesia dan negara tujuan ekspor ke-35 dengan total ekspor USD 480 juta pada tahun 2020.

#NegosiasiDagang
#AyoDagang
Read 4 tweets
Menteri Perdagangan RI @agusuparmanto menerima kunjungan Menteri Urusan Perdagangan dan Investasi Prancis, Franck Riester, Selasa (15 Des).

#NegosiasiDagang #AyoDagang #LessTalkMoreAction
1. Kunjungan tersebut bertujuan untuk mempererat hubungan perdagangan dan investasi kedua negara sebagai mitra strategis di wilayah Indo-Pacific.

#NegosiasiDagang #AyoDagang #LessTalkMoreAction
2. Selain itu, kedua menteri juga membahas terkait Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) dan Regional Comprehensive Economic Partnership (#RCEP).
Read 6 tweets
¿Quieres saber lo que está pasando con el Acuerdo comercial UE-Mercosur? Ayer y hoy hubo audiencias en el Parlamento Europeo. Es una amenaza climática y social. Está en juego la vida. Hay peligro de una ratificación exprés.

🎥 multimedia.europarl.europa.eu/en/committee-o…

🎥 multimedia.europarl.europa.eu/en/delegation-… ImageImage
Gobiernos de España, Italia, Portugal y Suecia intentan derribar el bloqueo de Macron al acuerdo UE-Mercosur. Para esa tarea cuentan con pesos dentro de la Comisión Europea, como el jefe de comercio Valdis Dombrovskis y de política exterior Josep Borrell. lavanguardia.com/politica/20201…
🔴 El gobierno de España lidera las maniobras contra la posición francesa, y Portugal presionará para revivir el acuerdo UE-Mercosur cuando asuma la presidencia del Consejo de la UE en enero. Señalan que China acaba de firmar el acuerdo comercial #RCEP. politico.eu/article/eu-cou…
Read 4 tweets
Mein Take on #RCEP:

1. (& am wichtigsten): 🇨🇳 hat gezeigt, dass es in einem plurilateralen Abkommen anschlussfähig ist.

2. 🇮🇳 hat das Gegenteil bewiesen, was Indien zurückwirft und man #Modhi vorwerfen muss.

3. Der Abtritt #Abe|s machte wohl auch möglich, dass sich 🇰🇷 und 1/
🇯🇵 wieder an einem Tisch setzen können.

4. Ungeachtet politischer Spannungen vertiefen 🇦🇺 und 🇳🇿 ihre Wirtschaftsbeziehungen mit 🇨🇳

5. Das Abkommen ist zwar nicht so tiefgreifend wie aktuelle Abkommen von @Trade_EU (#CETA), ist aber darauf angelegt, weiterentwickelt zu /2
werden. Ansonsten würde man kein permanente Institution mit dem Sekretariat schaffen. Das wird aufgrund der dahinterstehenden ökonomischen Power die Normen- und Standardsetzung *weltweit* beeinflussen.

6. Die #US-Politik des America First ist krachend gescheitert: Der Rückzug 3/
Read 11 tweets
#China hat heute mit 14 asiatisch-pazifischen Staaten das größte Freihandelsabkommen der Welt abgeschlossen (#RCEP). Das muss für #Europa und die #USA ein Weckruf sein. 🌏 [Thread]
Mit #Trump ist in den USA gerade ein Gegner des #Freihandel abgewählt worden. Die #EU sollte die Gunst der Stunde nutzen und der neuen Biden-Regierung die Wiederaufnahme der #TTIP-Verhandlungen anbieten. 🇪🇺🇺🇸
Das transatlantische Freihandelsabkommen liegt seit 4 Jahren auf Eis. Es würde eine Freihandelszone schaffen, die 800 Mio Menschen und fast die Hälfte der globalen Wirtschaftsleistung umfasst. Diese Chance sollten wir nutzen, anstatt China im Welthandel das Feld zu überlassen.
Read 4 tweets
The #RCEP agreement is being signed this weekend. Eight years in the making, it’s not just another FTA: it will fundamentally remake the economic, strategic and institutional architectures of the Indo-Pacific. My 10-step mega-thread on everything you need to know about RCEP:
2. RCEP is an historic achievement. It will be the largest regional trade bloc in existence, delivered against the hostile backdrops of COVID and trade warfare. It shows the Indo-Pacific is “open for business”, and leads the world on economic openness. asiasociety.org/australia/look…
3. RCEP will redraw the Indo-Pacific strategic map. By providing a single set of economic rules, its 15 members will prioritise integration amongst themselves. It will also change the calculus of many governments towards US-China decoupling. aspistrategist.org.au/rcep-will-redr…
Read 12 tweets
THREAD

Why India should not sign #RCEP

🇮🇳 signed Free Trade Agreements with ASEAN,Korea & Japan,with whom overall trade deficit increased to $41.8 billion 2019 from $15 bill in 2011 & $5 bill in 2006

Imagine d trade deficit spike with #China after RCEP, which is $ 53.6 billion
26.15% of the GVA from India’s #agri sector in 2016-17 was constituted by livestock. Further, 66.93% of the value of livestock output was from #milk i.e. roughly every fifth rupee in agri comes from #dairying. Now, imagine, opening this sector to cheap #milk imports thru #RCEP.😟
Canada allows a small amount of imported products duty-free/low tariffs. Higher amounts attract steep tariffs– 245% on #cheese or 298% on #butter, shielding Canadian farmers from foreign competition, & we on d other side r devising way to flood India with cheap imports thru #RCEP
Read 19 tweets
🇨🇳 #China will cut export rebate rates to 13% and 9%, respectively, for exports that enjoyed 16% and 10% rebate rates in accordance with value-added tax cuts effective April 1, according to a statement from the Ministry of Finance.
*Link (Chinese): bit.ly/2Tr5h3o
🇨🇳 #China is extending a public holiday to get people to travel and spend more as the government pins its hopes on a vast consumer base to help cushion an economic slowdown - Reuters
reuters.com/article/us-chi…
🇨🇳 #China Regulator Says Financial Markets Can Open More Quickly - Bloomberg
bloomberg.com/news/articles/…
Read 167 tweets

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