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Rcep immigrants
China and South Korea reached the first free trade agreement.
According to this agreement, some tariffs will be abolished immediately, while others will be phased out. In Japan, nearly 90% of auto parts will be shipped to China as the target. At present, this agreement will take effect and will be cancelled after giving full play to the effects of Japanese gasoline engine parts and some steel products.
Products exported to South Korea will be exempted from 92% goods, including about 80% automobile products such as Japanese airbags and electronic components, and will be phased out. If there were no automobile articles, the prices of Japanese cars that could be sold would be reduced, and these car dealers would sell cars at higher costs.
In the whole RCEP, 9 1.5% of Japanese exports and 98.6% of Japanese imports were cancelled. The exemption rate is still not lower than 99.9% of the Pacific Partnership Trade Agreement, but China and South Korea are Japan's largest and third largest trading partners, and the signing of this agreement is very important for Japan.
The export of other Japanese products will benefit, except Japanese car products that are free of travel. This agreement means that China and South Korea will gradually abolish tariffs on Japanese wine and sour taste. For example, as an example, two of these two products will now be reduced by 40% tariff. After 15 years, South Korea will be cancelled as 15% of these two products. In addition, the agreement will also cancel the 10% tariff imposed by China on agricultural scallops.
It is reported that the signing of this trade agreement is the latest multilateral trade agreement in the world, and it is the Asia-Pacific region 15 countries (RCEP) and a large-scale regional economic cooperation (RCEP). India decided not to join the treaty, but the treaty has developed for eight years, and the new economic groups account for 30% and 30% of the GDP population.
RCEP is a summary of many agricultural products and finished products, and it is an agreement among member countries to formulate new rules for e-commerce, investment, services, intellectual property rights and temporary migrant workers. This is of great significance and extensive influence on promoting economic integration in the Asia-Pacific region.
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