The Joint Standing Committee on Treaties will today hear from the Australian Chamber of Commerce and Industry (the Chamber) as part of the Committee’s inquiry into the Regional Comprehensive Economic Partnership Agreement (RCEP).
RCEP is a regional free trade agreement between Australia and the countries of ASEAN, China, Japan, the Republic of Korea and New Zealand.
Committee Chair Mr Dave Sharma MP said ‘This hearing gives the Committee an opportunity to explore the impact of RCEP on Australian business. The Chamber has told the Committee that it believes that the value of RCEP for Australia is in strategically redirecting trade and economic ties towards regional relationships within the Asia-Pacific.’
The Committee will also discuss the Chamber’s concerns about the overlap between trade agreements, rule of origin arrangements, and the lack of independent economic analysis of RCEP’s impacts.
The Committee anticipates conducting further hearings on RCEP in other parts of the country. Public hearing programs will be made available of the Committee’s website.
Public hearing details
Date: Monday 21 June 2021
Time: 11.10 am – 11.55 am AEST
Location: Committee Room 2R1, Parliament House
Please note that access to the public hearing is restricted as a pandemic control measure. The hearing can be accessed online.
Further information on the inquiry can be found on the inquiry website.
Media inquiries
Ms Natalie Hissey, Office of Mr Dave Sharma MP
02 9327 3988
For background information
Committee Secretariat
02 6277 4002
jsct@aph.gov.au
For more information about this Committee, you can visit its website. On the site, you can make a submission to an inquiry, read other submissions, and get details for upcoming public hearings. You can also track the Committee and receive email updates by clicking on the blue ‘Track Committee’ button in the bottom right hand corner of the page.
