In the latest development, the Philippines' legislature ratified the pact on Tuesday.

最新进展是，菲律宾立法机构周二批准了该协议。

All 15 members of the RCEP are planning to ratify the agreement before the end of this year and push for it to take effect on Jan 1.

One day recently, a huge consignment of canned pineapples arrived from the Philippines, the last signatory member to ratify the Regional Comprehensive Economic Partnership agreement on June 2.

The Philippine Senate ratified the RCEP this February, completing the process of joining the world's largest free trade agreement.

The Philippine Senate ratified RCEP this February, completing the process of joining the world's largest free trade agreement.

With the RCEP set to take effect in the Philippines — the last member of the bloc to ratify the agreement — on June 2, Ou Boqian, secretary-general of the Trilateral Cooperation Secretariat, called on all RCEP participating countries to set up a secretariat for the pact as soon as possible and speed up the formalization of this mega treaty to reduce the risks posed by geopolitical uncertainties.

The FTA needs to be approved and ratified by the Constitutional Court and the National Assembly of Ecuador before taking effect.

An agreement on developing a regional EV ecosystem was ratified during the summit to build ASEAN into a global production hub for the EV industry.

The Philippine Senate ratified the Regional Comprehensive Economic Partnership (RCEP) on Feb 21, a massive free trade agreement involving Australia, China, Japan, South Korea, New Zealand, and the 10 members of the Association of Southeast Asian Nations.

The Philippine Senate ratified RCEP on Feb 21, a massive free trade agreement involving Australia, China, Japan, South Korea, New Zealand, and the 10 members of the Association of Southeast Asian Nations.

On Tuesday, the Philippines became the last signatory member to ratify the trade pact, involving 15 economies in the Asia-Pacific region, which came into effect on Jan 1 last year.

The Philippine Senate ratified the Regional Comprehensive Economic Partnership agreement on Tuesday, according to local media reports.

- The Philippine Senate on Tuesday ratified the Regional Comprehensive Economic Partnership (RCEP) trade agreement, meaning the ASEAN member has officially approved the pact.

In September 2021, then Philippine President Rodrigo Duterte ratified the RCEP agreement and brought it to the Senate for approval.

But the Senate failed to ratify the agreement in December 2021 before the free trade deal took effect on Jan 1, 2022.

With the agreement entering into force for Indonesia on Jan 2 of this year, only the Philippines remains to have not yet ratified and implemented the pact.

With Indonesia joining them now, only the Philippines remains where the agreement is yet to be ratified and implemented.

Indonesia ratified the Regional Comprehensive Economic Partnership agreement on Aug 30 and the agreement will take effect in the country within the year.

In 2015, China became the 16th WTO member to ratify the Trade Facilitation Agreement.

As of Wednesday, four ASEAN members and the Republic of Korea haven't ratified the dealt.

He commended China for setting an example as one of the first signatories to ratify the agreement.

Participants in the Asia Economic and Entrepreneurship Summit, or AEES, encouraged Asian economies to ratify free-trade agreements－like the Regional Comprehensive Economic Partnership, or RCEP－as they will help sustain growth after the upheavals caused by the pandemic.

"Lee said Australia supports the RCEP and the CPTPP, noting that the country is moving to ratify the RCEP, and he commended Japan, China and Singapore for ratifying the world's largest free-trade pact.

"The European business community in China hopes that each side will now consider how they might proceed with the commitments made under the China-EU Comprehensive Agreement on Investment (CAI), regardless of whether or not the deal will be ratified," said Roule.

"China supports ongoing efforts to conclude, ratify, implement and upgrade bilateral and regional trade agreements that benefit its consumers, enhance predictability and transparency for businesses, complement the multilateral trading system, and contribute to deeper economic integration in the Asia-Pacific region," he said.

Apart from their complementary trade structure, all the RCEP members' willingness to ratify the deal before the end of this year and push for it to take effect on Jan 1, 2022, will benefit more New Zealand businesses in China's lucrative market in the next growth stage, said Ren Xingzhou, a research fellow and former director-general of the Institute for Market Economy of the Development Research Center of the State Council.

In March, Ministry of Commerce announced China had become the first country to ratify the RCEP and in April submitted the instrument of ratification to the ASEAN secretary-general.

Once the signatory states ratify the agreement, it will notably reduce the cost of trade in the region, and thus help these countries increase their exports and actual incomes, Ma said.

It will come into force 60 days after it is ratified by six of the ASEAN members and three non-ASEAN countries.

It will enter into force 60 days after being ratified by six of the ASEAN members and three non-ASEAN countries.

Thailand, Singapore, China and Japan have already ratified the RCEP.

And the Ministry of Commerce has said that all the signatory states have expressed their intention to ratify the deal within the year so that it can come into force on Jan 1,2022.

China has already ratified the Regional Comprehensive Economic Partnership, and will favorably consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, said Wang from the Ministry of Commerce.

China has been working closely with 14 other partners to ratify the RCEP, which will establish the world's largest free trade zone, before the end of the year.

It has been working with 14 other partners to ratify the Regional Comprehensive Economic Partnership agreement before the end of this year and push for it to take effect on Jan 1, 2022.

With China and its 14 partners planning to ratify the Regional Comprehensive Economic Partnership agreement before the end of the year and the country is aiming to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Xu Liuping, chairman of China FAW Group, a Changchun-based State-owned automaker, said these moves will pave the way for his company to ship more products it manufactures in China to other Asia-Pacific markets.

All 15 members of the RCEP are planning to ratify the agreement before the end of 2021 and push for its entry into force on Jan 1 next year, said Yu Benlin, director-general of the department of international economic and trade affairs at the Ministry of Commerce.

China has completed the approval and became the first country to ratify the agreement, he said, adding Thailand has also ratified the agreement.

The investment deal that China and the EU are seeking to ratify would also give European companies better access to the Chinese market, AFP said.

Once ratified, the EU-China CAI will contribute to making investments by European companies in China easier.

It also ratified the opening of its market to different Argentine products in the first year of the pandemic.

Exports to China via Far East Route to reach 10 bcm annually over 25 yearsOil and gas trade between China and Russia is expected to be further enhanced this year after Russia ratified the agreement with China on gas supply cooperation on Wednesday, said industry experts.

Russia ratified the intergovernmental agreement with China on the cooperation for natural gas supplies from Russia to China via the Far East Route after the Federation Council, the upper house of the Russian parliament, approved the ratification at a plenary session on Wednesday, according to Russian news agency TASS.

Russia has ratified an intergovernmental agreement with China on cooperation in natural gas supplies from Russia to China via the Far East route, after the Federation Council, the upper house of the Russian parliament, approved the law on ratification at a plenary session on Wednesday, according to Russia's TASS state news agency.

An agreement on this would be ratified at the summit, according to Indonesian Foreign Minister Retno Marsudi earlier this year.

The China GT Championship is a nationwide championship featuring the world's most premier automotive brands and is ratified by the Federation of Automobile and Motorcycle Sports of People's Republic of China (CAMF), as well as authorized by the General Administration of Sports of China.

As a matter of fact, some US politicians have already vowed that TikTok must be fully controlled by American companies, or they will refuse to ratify the agreement.

Chinese telecom carriers are scheduled to start building standalone 5G networks in large scale this year after 3GPP, a global organization supervising the international standards on 5G technologies, finally ratified R16, or released 16 5G standards, earlier this month.

That assessment came after 3GPP, a global organization supervising the international standards on 5G technologies, finally ratified R16, or release 16, which is its engineers' architecture for global wireless communications.

On May 20, the US Senate passed a bill, which, if ratified by the House of Representatives, the other wing of the Congress, could become a new law, called the Holding Foreign Companies Accountable Act.

This would bring the total number of AIIB members to 100, including 70 whose memberships have been ratified by their parliaments.

On Oct 30, the Bank of China Manila Branch together with 13 Philippine biggest banks, including BDO, jointly ratified the launch of the Philippine RMB Trading Community.

Lawmakers ratified a treaty on the transfer of sentenced individuals between China and Colombia and an extradition treaty with Mauritius.

They ratified the Protocol against the Illicit Manufacturing of and Trafficking in Firearms, Their Parts and Components and Ammunition, supplementing the United Nations Convention against Transnational Organized Crime.

The lawmakers ratified the Convention on the Privileges and Immunities of the Secretariat, its Personnel and Representatives of Members of the Conference on Interaction and Confidence Building Measures in Asia.

Lawmakers also ratified an extradition treaty with Ecuador, and approved a deputy qualification report and personnel appointments and removals.

The country is also making every effort to have BDS ratified by international standards organizations and standards organizations in the industrial and specialized application sectors, such as civil aviation, maritime, search and rescue, and mobile communication.

Lawmakers ratified several treaties on international judicial assistance in criminal matters, reports on deputy qualifications, and personnel related bills, among others.