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Ms. Oramon Supthawetham Director General, Department of International Trade Negotiations Ministry of Commerce The INN news agency revealed that today the department There is an event scheduled “Announcement of the success of the RCEP negotiations” with the official launch of the RCEP Agreement. Sensitize all sectors to the importance of the agreement Prepare to study and understand the benefits that Thailand will experience and the potential impacts. In addition to being prepared to fully utilize said agreement After the official entry into force of the agreement, with Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce. It was the president with a special conference
The RCEP, however, is the world’s largest free trade framework, accounting for 31 percent of global GDP and the world’s largest consumer market size with a population of 2.3 billion and is expected to be in effect. It can be officially applied in the second half of 2021 after Member States have passed the internal processes of each country.