Summary
[RCEP takes effect in China-Myanmar trade]On April 30, local time, the Ministry of Economy and Foreign Investment of Myanmar issued an announcement saying that, in accordance with Article 20, paragraph 6, of the Regional Comprehensive Economic Partnership (RCEP), the agreement will start in 2022. It will take effect in China-Myanmar trade from May 1, 2019. China will give preferential treaty tax rates to goods imported from Myanmar that are subject to the standards of origin in the agreement. Enterprises engaged in Sino-Myanmar trade will also enjoy relevant preferential treatment from today. (CCTV News Client)
On April 30, local time, the Ministry of Economy and Foreign Investment of Myanmar releasedannouncementAccording to Article 20, paragraph 6, of the Regional Comprehensive Economic Partnership (RCEP), the agreement will enter into force in China-Myanmar trade from May 1, 2022. China will give preferential treaty tax rates to goods imported from Myanmar that are subject to the standards of origin in the agreement. Enterprises engaged in Sino-Myanmar trade will also enjoy relevant preferential treatment from today.
(Article source: CCTV News Client)