Members of the RCEP:
Regional, comprehensive economic partnership
The RCEP is a free trade zone in Eastern Asia and Australia, established in November 2020. It was initiated by China and accounts for around one third of the world's economic output. It is one of the largest free trade agreements in the world. The 15 participating countries cover an area of 22.54 million km² and a population of around 2.31 billion. This corresponds to approximately 14.91% of the earth's habitable surface and 29.26% of the world's population.The agreement primarily involves the reduction of customs duties and is thus intended to simplify supply chains. In addition to the movement of goods, it also covers services, investments, telecommunications and copyright.
Official website: https://rcepsec.org/
| Country | Population | Area | GDP |
|---|---|---|---|
| Australia | 25.69 M | 7,741,000 km² | 1.553 tn US$ |
| Brunei | 0.45 M | 5,770 km² | 14.01 bn US$ |
| Cambodia | 16.59 M | 181,000 km² | 26.96 bn US$ |
| China | 1,425.67 M | 9,563,000 km² | 17.734 tn US$ |
| Indonesia | 273.75 M | 1,914,000 km² | 1.186 tn US$ |
| Japan | 125.68 M | 378,000 km² | 4.941 tn US$ |
| Laos | 7.43 M | 237,000 km² | 18.83 bn US$ |
| Malaysia | 33.57 M | 330,000 km² | 372.98 bn US$ |
| Myanmar | 53.80 M | 677,000 km² | 65.09 bn US$ |
| New Zealand | 5.12 M | 268,000 km² | 249.89 bn US$ |
| Philippines | 113.88 M | 300,000 km² | 394.09 bn US$ |
| Singapore | 5.45 M | 719 km² | 396.99 bn US$ |
| South Korea | 51.74 M | 100,000 km² | 1.811 tn US$ |
| Thailand | 71.60 M | 513,000 km² | 505.95 bn US$ |
| Vietnam | 97.47 M | 331,000 km² | 366.14 bn US$ |
Dependent territories
Some of the above-mentioned member states have other external territories dependent on them. These are not independent states, but they do have some economic and political autonomy. The RCEP treaties apply to them at least in part. These countries are not listed as official member states.| Country | Region | Dependency |
|---|---|---|
| Christmas Island | Australia/New Zealand | Non-self-governing territory of Australia |
| Cocos Islands | Australia/New Zealand | Non-self-governing territory of Australia |
| Heard and McDonald | Australia/New Zealand | Territory of Australia |
| Hong Kong | East Asia | Special administrative region of China |
| Macao | East Asia | Special administrative region of China |
| Norfolk Island | Australia/New Zealand | Territory of Australia |
| Taiwan | East Asia | Territory of China |
| Tokelau | Polynesia | Territory of New Zealand |