The Regional Comprehensive Economic Partnership (RCEP) agreement for East Asia, which includes Japan, China, South Korea and ASEAN, came into effect on January 1, 2022. The agreement will create a huge economic zone that accounts for about 30% of the world's GDP. For Japan, this is the first FTA to be concluded with China and South Korea, and some estimates suggest that it will increase Japan's exports to the region by more than 5% compared to 2019.
top of page
Search
Recent Posts
See AllOcean freight rates increased via the West Coast of North America (+3.8% week-on-week) and via the East Coast of North America (+1.1%). Freight rates decreased in South Korea (-2.0%) and Europe (-1.1%
Ocean freight rates increased via the West Coast of North America (+0.6% week-on-week) and via the East Coast of North America (+1.5%). Freight rates decreased in South Korea (-4.6%) and Europe (-2%).
The ranking of international air freight forwarders from Japan for February 2023 has been revealed, with Nippon Express in first place with 15,607 tons (-31.4% y/y), Kintetsu Express in second place w
bottom of page