Ministry News


NAY PYI TAW - Union Minister for Investment and Foreign Economic Relations U Thaung Tun today attended the ASEAN Caucus on Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting via videoconference from office No (1).


During the meeting, the RCEP Trade Negotiation Committee (TNC) Chair presented the TNC Report to Ministers regarding with the progress of RCEP negotiations and sought Ministers’ guidance for the signing of RCEP Agreement in 2020. The Ministers exchanged views and provided their guidance on the way forward to the signing of RCEP Agreement in November 2020.


The Union Minister commended the Trade Negotiation Committee (TNC) and relevant working groups for their continuous efforts for the realization of the RCEP Agreement. He also appreciated Malaysia and Philippines for their completion of bilateral market access negotiations which is the extra mile-stones towards the signing of RCEP Agreement 2020.


The meeting was attended by RCEP Ministers from 10 ASEAN Member States, TNC Chairs and TNC leads, Secretary-General of ASEAN and officials.


The 8th RCEP Ministerial Meeting between 10 ASEAN Member States and Australia, China, Japan, Korea and New Zealand will be held on 27 August 2020.