Page 449 - Regional Comprehensive Economic Partnership (RCEP)

Article 14.5: Non-Application of Dispute Settlement CHAPTER 15

Dispute settlement mechanisms in this Agreement shall not apply to any ECONOMIC AND TECHNICAL COOPERATION
matter arising under this Chapter.

Article 15.1: Definition

For the purposes of this Chapter, work programme means the list of
economic and technical cooperation activities mutually determined by
the Parties in accordance with Article 15.5 (Work Programme).

Article 15.2: Objectives

1. The Parties reaffirm the importance of ongoing economic and
technical cooperation initiatives between Parties and agree to
complement their existing economic partnership in areas where
the Parties have mutual benefits and interests.

2. The Parties shall seek to prioritise economic and technical
cooperation initiatives and, where possible, minimise duplication
of ongoing efforts and utilisation of resources, particularly under
the free trade agreements between the Member States of ASEAN
and their free trade partners.

3. The Parties agree that the economic and technical cooperation in
the RCEP context aims at narrowing development gaps among
the Parties and maximising mutual benefits from the
implementation and utilisation of this Agreement. The economic
and technical cooperation shall take into account the different
levels of development and national capacity of each Party.

4. The Parties acknowledge the provisions to encourage and
facilitate economic and technical cooperation included in various
Chapters of this Agreement.

Article 15.3: Scope

1. Economic and technical cooperation under this Chapter shall
support the inclusive, effective and efficient implementation and
utilisation of this Agreement through economic and technical
cooperation activities which are trade or investment related as
specified in the work programme.

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