This bill gives effect to the Regional Comprehensive Economic Partnership (RCEP) Legislation Bill. As noted earlier, RCEP is a treaty-level free-trade agreement agreed by 15 countries: 10 ASEAN, as well as Australia, China, Japan, and South Korea. This bill supports the Government in our plan to be able to secure our recovery. The Government has committed to leveraging our successful COVID response to position New Zealand globally as a safe and secure place to trade with, to invest in, and—eventually—to visit again.