the Regional Comprehensive Economic Partnership Agreement (RCEP) with the Secretary-General of ASEAN

At the beginning of April, the Philippines formally deposited the instrument of ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) with the Secretary-General of ASEAN. According to the RCEP, the agreement will enter into force for the Philippines 60 days after the date of deposit of the instrument of ratification, that is, June 2. This marks the full entry into force of RCEP for 15 member states, and the world's largest free trade area will enter a new stage of full implementation.