Serve up a Storm with RCEP: Benefits of the RCEP Agreement for the Food Sector
Date: 25 May 2022
Time: 9:00 am - 5:00 pm
Venue: Seminar Room 2 & 3 at SBF Centre
160 Robinson Road, #06-01, Singapore 068914
Organised By: Singapore Business Federation
In Partnership with: Ministry of Trade and Industry
Supported By: Enterprise Singapore, Singapore Customs, Singapore Food Manufacturers' Association, Singapore Manufacturing Federation, Cocoa Association of Asia
The Regional Comprehensive Economic Partnership (RCEP) Agreement entered into force on 1 Jan 2022. To date, the RCEP is being implemented by 12 Parties, namely Australia, Brunei, Cambodia, China, Japan, Korea, Lao PDR, Malaysia, New Zealand, Singapore, Thailand, and VietNam.
As the world's largest trade agreement with access to one-third of the world's population and $26.1 trillion of global GDP, the RCEP will facilitate the expansion of regional trade and investment with lower tariffs for about 92% of goods trading within the region over a committed timeframe.
Join us to find out how the RCEP Agreement can help expand your food manufacturing and export businesses in the region. Learn about RCEP's improved tariff reductions, updated rules, and enhanced customs processes, and clarify any questions you may have in our one-to-one consultations.
9:00am - Registration
9:30am - Welcom Remarks
Mr Jason Lee (Director, International Policy & Engagement, Singapore Business Federation)
Ms Sulaimah Mahmood (Senior Director (RCEP) and Chief Negotiator for the RCEP Agreement, Ministry of Trade and Industry)
9:45am - Session 1: Exporting you products
What you need to know to export to the region under the RCEP:
- Market Access
- Product Specific Rules
- Key FTA Provisions, e.g., cumulation
Mr Kenneth Teo (Senior Assistant Director, ASEAN Division, Ministry of Trade and Industry)
10:15am - Session 2: Expediting your exports
What do you need in order to export to the region?
- Obtaining the Necessary Documentation
- Retention and Verification of Documentation
- Customs Procedures (e.g., Advanced Rulings on Tariff Classification)
Mr Gregory Leong (Deputy Head, Tariffs & Trade Service Branch, Singapore Customs)
11:00am - Tea Break
11:15am - Session 3: Equip yourself with the Tariff Finder
- Understanding how the Tariff Finder can help businesses looking to export
Ms Ivy Heng (Senior Manager, International Policy & Engagement, Singapore Business Federation)
11:45am - Session 4: Facilitating your exports (Part I)
What are the relevant Sanitary and Phytosanitary (SPS) measures that you should be aware?
- E.g., Equivalence, health certification requirements
12:15pm - Session 5: Facilitating your exports (Part II)
What are some Technical Barriers to Trade provisions should you be aware of?
- E.g., Packaging, and labelling requirements
Mr Dylan Heng (Deputy Director, Strategy & International Policy, Enterprise Singapore)
12:45pm - Lunch
2:00pm - Session 6: Venturing Overseas
- A look at the relevant services and investment provisions when setting up overseas
Mr Tommy Koh (Senior Assistant Director, ASEAN Division, Ministry of Trade and Industry)
2:30pm - Session 7: Experience Sharing
Highlights and Challenges Operating on the Ground
3:00pm - 5:00pm - One-to-One Consultations
Member Price - S$80
Non-Member Price - S$160
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