Regional Comprehensive Economic Partnership (RCEP)

Is the RCEP the TPP by another name?

The original TPP-12  failed because its corporate agenda was faced opposition in most TPP countries, especially the US. But global corporations and some governments, including the Australian government have resurrected the TPP 11 and are pushing to repeat the same failed model in other trade agreements. First in line is the Regional Comprehensive Economic Partnership (RCEP). 

But is the RCEP just the TPP by another name? Read our explainer here.

Learn more about the key issues in the RCEP:

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Civil society excluded from RCEP talks

4 May 2018: Today, several civil society groups have released a statement criticising their exclusion from the Regional Comprehensive Economic Partnership (RCEP) talks in Singapore this week.  

While Transnational Corporations and business groups have been invited to discuss their interests and concerns at the Singapore round of talks, civil society groups have been silenced. The full statement, posted on bilaterals.org, is copied below. 

 

Greenpeace report: ISDS empowers global corporations at the expense of people and planet

January 19, 2018: A new report by Greenpeace, Justice for People and Planetuses 20 case studies of global corporations to explain how corporate power is being used to violate human rights and environmental rights. The report argues that governments should adopt 10 Principles for Corporate Accountability to curb ‘corporate capture, collusion and impunity’.

RCEP negotiations to continue into 2018

November 17, 2017: After five years and 20 rounds of negotiations, the Regional Comprehensive Economic Partnership (RCEP) will continue into 2018. This means that they have missed a deadline for the third time. The Leaders' statement lists 18 chapters for continued talks.

 Indonesian Minister of Trade Enggartiasto Lukita has asked negotiating countries to be ‘more realistic and flexible’ about their standards. He also has referred to the RCEP as ‘the only game in town’, an apparent reference to the uncertain future of the TPP-11.  Other reports say the new target  for completion is November 2018.

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