Unlocking the benefits of RCEP for the Logistics Sector
On 2nd
August 2022, SBF, MTI and SLA jointly organised a webinar titled “Unlocking the benefits of RCEP for the Logistics
Sector”, to help logistics businesses to gain insights on how their businesses can benefit from RCEP Agreement.
The event was attended by 150 participants, out of
which 42 were SLA members. RCEP is the largest free trade agreement
between the 10 members of ASEAN and 5 FTA partners. The agreement provides
economical and trade cooperation between the member states. The panel of
speakers were:
- Mr Oh Bee Lock, CEO,
Singapore Logistics Association
- Ms Ivy Heng, Assistant
Director, International Policy Engagement, Singapore Business Federation
- Mr David Stepat, Senior
Manager, International Business Advisory, Dezan Shira & Associates
- Mr Raymond Yee, Vice
President, Customs & Regulatory Affairs, DHL Express
- Mr Mike Yap, Vice President, Trade Compliance (Business), CrimsonLogic
Participants were given insights on the following topics:
- Sharing the benefits of RCEP
for logistics sector
- Trade in goods includes
sharing of the rules and origin and tariff finder with
demonstration
- Understanding the operational certification procedures and customs procedures and trade facilitation
- Trade in Services includes
opportunities to expand logistics/distribution services into the RCEP region
and understanding the requirements
- Sharing on improving global trade connectivity