Abstract

On 15 November 2020, fifteen Asian states signed the Regional Comprehensive Economic Partnership (RCEP) that concluded years of negotiations despite uphill geo-political issues. The agreement is likely to create a populous trade area, boosting intra-regional investment and resulting in an important foreign direct investment destination. The significance of the RCEP is more geo-political rather than a classical norm-maker–norm-taker relationship. No doubt, certain countries such as China will use the RCEP to benefit and strengthen their geo-political influence in the region. This does not necessarily make the RCEP a game-changing agreement, nor does it confirm a global geo-political shift. The perception of the ‘RCEP’ as a new global standard is farfetched. It does nonetheless consolidate in a single agreement various intra-ASEAN FTAs and other Asia-Pacific FTAs. In light of this general background, this opinion analyzes the intellectual property (IP) Chapter of the RCEP and its relevance.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.