The RCEP and its Potential Impact on Saudi Regional Exports

Initiative Productivity and Economic Diversification
Type Instant Insight
Date 30 March 2021

Economic diversification
Regional analysis
Saudi Arabia
Sectoral analysis

Abstract

On November 15, 2020, 10 Southeast Asian economies, joined by Australia, China, Japan, New Zealand and South Korea, formed the Regional Comprehensive Economic Partnership (RCEP) – the world’s largest trading bloc, representing about a third of the global economy (BBC 2020). This comprehensive agreement covers import tariffs and other market access barriers, investment facilitation, standardization of rules and procedures, and economic and technical collaboration, among other areas.

Authors

Philipp Galkin

Visiting Researcher Philipp is a visiting researcher at KAPSARC, working on the economic and policy aspects of energy supply and trade. Philipp’s… Philipp is a visiting researcher at KAPSARC, working on the economic and policy aspects of energy supply and trade. Philipp’s work at KAPSARC includes evaluating the effect of preferential trade agreements on energy flows, analysis of OPEC energy policy and deriving insights related to China’s energy policy and its impact on global markets through modeling energy supply sectors.

Expertise

International economic relations
Regional and country studies and policy analysis

Publications See all Philipp Galkin’s publications

Capturing the Value From Supply-Side Shocks in the Heavy Crude Market

On November 15, 2020, 10 Southeast Asian economies, joined by Australia, China, Japan, New Zealand…

29th January 2023

Global Crude Oil Storage Index: A New Benchmark for Energy Policy

On November 15, 2020, 10 Southeast Asian economies, joined by Australia, China, Japan, New Zealand…

13th September 2022

Dongmei Chen

Research Fellow Dongmei is a Research Fellow at KAPSARC with a focus on energy trade, energy investment and regional energy cooperation. She… Dongmei is a Research Fellow at KAPSARC with a focus on energy trade, energy investment and regional energy cooperation. She has more than 20 years of experience in China’s energy and climate change policy development. Before joining KAPSARC, she worked at the Institute for Industrial Productivity (IIP) as a senior advisor and head of the China office, developing and disseminating best practices to improve industrial energy productivity. Before working at IIP, she worked at WWF China as director of the Climate Change and Energy Program, leading the design and implementation of the Low Carbon City Initiative in partnership with local Chinese governments and international networks. Before working at the WWF, she worked at China’s Ministry of Science and Technology, the Ministry of Water Conservation, and the Xinjiang Wind Energy Company.

Expertise