ORIGINAL ARTICLE
RCEP VIS-À-VIS ASEAN-EU RELATIONS: CONVERGENCE AND CONSIDERATIONS
 
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Political Science and Development Studies, De La Salle University - Manila, Philippines
 
 
Submission date: 2024-08-06
 
 
Acceptance date: 2024-11-07
 
 
Publication date: 2025-01-30
 
 
Corresponding author
Jovito Jose Katigbak   

Political Science and Development Studies, De La Salle University - Manila, Philippines
 
 
Economic and Regional Studies 2024;17(4)
 
HIGHLIGHTS
  • Guest Editor: Prof. Dr. Badar Alam Iqbal. Department of Economics, Tshwane University of Technology, South Africa; Economics and Finance, Monarch Business School; Switzerland.
KEYWORDS
JEL CLASSIFICATION CODES
F1; F5; F6
 
TOPICS
ABSTRACT
Subject and purpose of work: The participation of ASEAN member states (AMS) in the Regional Comprehensive Economic Partnership (RCEP) alters the international economic environment and reshapes their development ties with the European Union (EU). Materials and methods: This article thus examines RCEP’s implications to EU, especially on trade, investment, and policy harmonization. Results: In particular, it presents both gains and barriers to deeper ASEAN-EU relations. On the one hand, the opportunities lie in ASEAN’s enhanced bargaining position and prospective initiatives in digital economy and sustainable development. On the other hand, challenges may arise from regulatory disparities and competitive demands. In addition, ASEAN is required to strike a balance between its obligations with RCEP and the EU. Conclusions: The article hance emphasizes the importance of strategic dialogue and cooperation to align standards, promote mutual benefits, and mainstream sustainable development in the evolving geopolitical context. It seeks to contribute to a profound understanding of how regional trade dynamics influence global development cooperation frameworks.
eISSN:2451-182X
ISSN:2083-3725
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