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MITI's Portal
 

Glossary

RCEP

Regional Comprehensive Economic Partnership (ASEAN+6) [read more]

Real GDP

Gross domestic product (GDP) values adjusted for inflation. Real GDP shows the actual picture of the economic growth of the country (i.e. real GDP is used to see GDP growth) [read more]

Regional Economic Integration

Refers to agreements between countries in a geographic region to reduce, and ultimately remove, tariffs and non-tariff barriers to facilitate the free flow of goods and services between one another. In 2009 APEC Senior Officials agreed on a ... [read more]

Regional Trade Agreements

A preferential trade agreement or free trade agreement, signed between countries in the same region (often located near to each other). [read more]

Regionalism

Refers to the expression of a common sense of identity and purpose combined with the creation and implementation of institutions that express a particular identity and shape collective action within a geographical region. Regionalism is a theory and ... [read more]

Remanufacturing

The process of transforming a used product to as good as new condition by rebuilding its component parts back to its functionality performance speciļ¬cations and also by replacing unbuildable parts with brand new components and carries an ... [read more]

Robotics and Factory Automation Equipment

Whole spectrum of integrated automation solutions for industrial manufacturing with particular emphasis on mechanical engineering and robotics for various industries. [read more]

ROO

Rules of Origin [read more]

Rotterdam Convention

A legally binding obligation for the implementation of PIC procedure on chemical trade. [read more]

RVC

Regional Value Content [read more]