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Regional Comprehensive Economic Partnership (RCEP) - what you need to know: A general introduction (Part I)

On 15 November 2020, following eight years of negotiations, fifteen Asia-Pacific countries concluded the Regional Comprehensive Economic Partnership agreement (“RCEP”) in a virtual signing ceremony held during the 37th ASEAN Summit in Hanoi, Vietnam. The RCEP accounts for approximately 30% of the world’s population (2.2 billion people) and 30% of the global GDP (USD 26.2 trillion), making it the world’s largest free-trade deal, exceeding the European Union, the revamped NAFTA (“USMCA”) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”).In the following, we will provide a short overview of the participation in and the scope of RCEP, focusing on its most salient trade-related innovations. In a Part II to this newsletter, we will address RCEP’s investment protection regime...To read the full article, please see the PDF file

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Authors

ラース・マーケルト

Lars’ practice is focused on commercial and investment arbitration. He has particular expertise in contentious proceedings involving post-M&A, commercial, manufacturing, construction, and distribution matters, in areas such as life sciences, automotive, and energy. Lars also deals with cases involving governments, and has advised foreign investors and sovereign states on issues of foreign direct investment and public international law, including related negotiations and investor-state disputes. He has been involved in more than 50 international arbitrations as counsel and arbitrator under the arbitration rules of institutions such as the ICC, DIS, SAC, NAI, ICDR, KCAB, JCAA, SIAC, and ICSID, as well as under the UNCITRAL Rules.

アネマリー・ドゥーネンブルグ

Having worked in many different jurisdictions, including in Germany, London, Paris, and Washington D.C., Anne-Marie regularly advises corporations and governments on investor-state and commercial disputes, as well as related negotiations. She is dual-qualified (Germany/England & Wales) and comes from a trilingual background. Prior to joining Nishimura & Asahi, Anne-Marie worked at Freshfields Bruckhaus Deringer LLP from 2014 to 2018.