New rules on IP rights and e-commerce to be set under RCEP free trade agreement

A common set of rules on intellectual property (IP) and e-commerce and a new scope of trade for telecommunication services are among some of the expected benefits that will arise from the Regional Comprehensive Economic Partnership (RCEP) agreement when it is signed next year. The Australian government has announced that Australia is one of 15 Indo-Pacific countries currently committed to signing the RCEP regional free trade agreement in 2020, after it agreed to all 20 chapters of the agreement during the ASEAN Summit in Bangkok on Tuesday.

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