About RT4D

The Regional Trade for Development (RT4D) initiative is funded by both the Governments of Australia and New Zealand. It assists ASEAN Member States (AMS) in meeting their commitments and realising the advantages offered by the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area, or AANZFTA, and the Regional Comprehensive Economic Partnership, or RCEP.

Through the AANZFTA Implementation Support Program (AISP) and the RCEP Implementation Support Program (RISP), RT4D provides tailored support to enhance the capabilities of ASEAN Member States by strengthening skills, building networks, facilitating policy options and ensuring that trade benefits everyone, including Micro, Small and Medium Enterprises (MSMEs), women and people with disabilities.

The Governments of Australia and New Zealand have committed up to AUD 48.7 million to fund RT4D from 2020-21 to 2027-28.

Project Summary

The RCEP Implementation Support Program (RISP), implemented by the RT4D Facility, aims to support AMS to realise the full benefits of RCEP through the provision of capacity-building support and access to technical expertise.

The following project is approved under RISP.

• Project name: Promoting the utilisation of RCEP, especially in digital trade, through better understanding and enhanced engagement of the private sector, MSMEs and women-led businesses.

• Project Objectives: In celebration of the third anniversary of RCEP’s entry into force, this project aims to reinforce the practical utilization of RCEP commitments by MSMEs and women-led enterprises through the following objectives:

o to assess the awareness and utilization of RCEP among MSMEs, women led businesses in Viet Nam, identifying gaps and areas for improvement. 

o to address identified gaps by raising awareness and improving communication on RCEP benefits among MSMEs and women-led enterprises, especially in digital trade, through capacity-building workshops and the development of user-friendly materials to enhance understanding and utilization.

o to strengthen collaboration between the MSMEs and women-led enterprises, and policymakers to improve FTA implementation and support. 

The AANZFTA Implementation Support Program (AISP), implemented through RT4D Facility, aims to support ASEAN Member States to realize the full benefits of AANFTA through the provision of capacity-building support and access to technical expertise.

The following project is approved under AISP.

• Project name: Assessing ASEAN Members State’s (AMS’) Readiness and Developing a Guideline for AMS to implement its trade-in services commitment of transposing from a Positive Listing to a Negative Listing approach in AANZFTA.
• Project Objectives: Regarding the liberalization of services among AANZFTA Signatory Parties, each country’s understanding, progress, and institutional capacity are variable. The Strategic Directions and Priorities of the Committee on Trade in Services look to narrow the regional gaps in institutional capacity to liberalize services trade and ensure the transition to the Negative List schedule for trade in services within the agreed timeframes.

Aligning with the Strategic Directions and Priorities of the Committee on Trade in Services, this project aims to support interested AMS, specifically The Philippines, Thailand, and Viet Nam, and others with a smooth transition to a Negative List approach within the committed timeframe, enabling trade in services liberalization.

About RT4D

The Regional Trade for Development (RT4D) initiative is funded by both the Governments of Australia and New Zealand. It assists ASEAN Member States (AMS) in meeting their commitments and realizing the advantages offered by the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area, or AANZFTA, and the Regional Comprehensive Economic Partnership, or RCEP.

Through the AANZFTA Implementation Support Program (AISP) and the RCEP Implementation Support Program (RISP), RT4D provides tailored support to enhance the capabilities of ASEAN Member States by strengthening skills, building networks, facilitating policy options and ensuring that trade benefits everyone, including Micro, Small and Medium Enterprises (MSMEs), women and people with disabilities.

The Governments of Australia and New Zealand have committed up to AUD 48.7 million to fund RT4D from 2020-21 to 2027-28.

Project Summary

The RCEP Implementation Support Program (RISP), implemented RT4D Facility, aims to support AMS to realize the full benefits of RCEP through the provision of capacity-building support and access to technical expertise.

The following project is approved under RISP.

• Project name: Effective application of Good Regulatory Practices (GRP) in developing technical regulations and conformity assessment procedures.
• Project Objectives: The objective of this project is to build capacity and a better understanding of (1) the effective application of GRP and (2) conducting Regulatory Impact Assessment (RIA) for Country officials who are involved in developing technical regulations and conformity assessment procedures in Viet Nam.

Through that, the project contributes to the strategic objectives of The RCEP Agreement as stated in Chapter 6, Article 2, namely, 6.2 (a), (b), (c), and (d).

• Project Structure: The project consists of four activities designed to deliver multiple outputs:
• Activity 1: Development of two Research Reports
• 1. One Research Report on GRP application
• 2. One Research Report on RIA implementation
• Activity 2: Development of two Guidelines acting as manuals for implementing organizations
• 1. One Guideline on GRP application
• 2. One Guideline on RIA implementation
• Activity 3: Organization of capacity building Training Courses
• 1. Three 1.5-day Training Courses on GRP: one in Vinh Phuc, one in Da Nang and one in Ho Chi Minh City.
• 2. One 1.5-day Training Course on RIA in Vinh Phuc
• Activity 4: Organization of one final Regional Workshop communicating project components’ findings.