3 May 2017: The next round of RCEP negotiations are being held in Manila, the Philippines, on May 2-12. There is still a push from some countries, including Australia, to use TPP language in the RCEP.
Regional Comprehensive Economic Partnership (RCEP)
We have produced a hard copy flyer explaining the main issues in the RCEP, titled 'Is the RCEP the TPP by another name?'. You or your organisation can help by distributing the RCEP flyer to your members or networks. Leaflets can be picked up for free from our Sydney office or we can post them to you - we just ask that you pay the postage. Find out more here.
AFTINET's Dr Patricia Ranald speaks about the future of trade beyond the TPP and gives an introduction to the RCEP at an event hosted by Jubilee Australia in March 2017.
Thanks to AFTINET supporter Phil Jones for putting together this video.
29 March 2017: If TPP-like provisions on medicine monopolies are adopted in the RCEP, new medicines will remain expensive for longer periods of time. India’s Revised National Tuberculosis Control Programme could be hit badly. Read more
Like the TPP, the RCEP could contain rights for foreign corporations to bypass national courts and sue governments in unfair international tribunals. This system is called investor-state dispute settlement (ISDS).
The RCEP is even bigger than the TPP with its 16 countries representing half the world’s population. It's also more secretive than the TPP, which was infamous for its lack of transparency. What we do know from leaked documents is that there is a push to use the failed TPP as a model - which means the RCEP could also be a bad deal for democracy, health, the environment and working people.