The RCEP Trade Negotiating Committee Meeting was held via video link on August 7, 2020. All participating countries reiterated the consensus to sign the agreement in 2020 as scheduled and would strive to resolve the remaining issues and achieve positive progress as instructed by the RCEP Ministerial Meeting on June 23, 2020.

RCEP is a large-scale global FTA negotiation launched by ASEAN in 2012, which, once reached, would be conducive to further integrating local industrial and supply chains, boosting confidence in regional economic development, and advancing robust economic growth in the post-pandemic era.