The Philippines and the European Union (EU) are expected to soon start the "scoping process" of the extent of their free trade agreement (FTA) as the two sides agreed on Monday to resume negotiations on the said deal. According to EU, Manila and the 27-member regional bloc "will shortly kick off"...
European businessmen believe that the stream of foreign direct investments (FDI) and trade into the Philippines will increase substantially in the coming months and years following increased momentum in interest from EU countries and the brighter prospects for a free trade deal between the two...
The Philippines and the European Union (EU) will resume talks on the Free Trade Agreement (FTA)—a deal seen to bolster economic ties between the two sides—as EU chief Ursula von der Leyen made an historic visit to the country to "accelerate" areas of cooperation between Manila and the...
Trade and Industry Secretary Alfredo E. Pascual has sought the support of State Secretary Udo Philipp of Germany’s Federal Ministry for Economic Affairs and Climate Action (Bundesministerium für Wirtschaft und Klimaschutz (BMWK) for the resumption of the EU-Philippine free trade negotiation. THE...
A large majority of European companies in the Philippines have prioritized the resumption and successful conclusion of the EU-Philippines free trade agreement talks, a survey by the European Chamber of Commerce of the Philippines (ECCP) showed. Based on the survey, 80 percent of the respondents...
Trade and Industry Secretary Alfredo E. Pascual expressed confidence the country’s free trade agreement (FTA) with South Korea will be signed within the year. Pascual told reporters covering the Philippine Retailers Association (PRA) Outstanding Filipino Awards Night last week that the text of...
President Ferdinand "Bongbong" Marcos Jr. thought it was the right time for the Philippines and the European Union (EU) to solidify their long-standing and historically beneficial trade relations through a bilateral free trade agreement (FTA). *President Ferdinand ‘Bongbong’ Marcos Jr. (Noel...
European businesses in the country would like the Philippine government to eliminate import duties for European automotive brands as part of the measures for adoption in the proposed EU-Philippine Free Trade Agreement (EU-PH FTA). This forms part of various recommendations in the Automotive Advocacy...
Trade and Industry Secretary Fred Pascual said Wednesday, May 24, that the Philippines is keen on pursuing the resumption of negotiations for free trade agreement with the EU citing support from the Sweden, which holds the current president of the EU Council, and the EU businessmen operating in...
European businesses operating in the country and in the region said the Philippines offers the “brightest” prospects among ASEAN countries in terms of attracting foreign direct investments (FDI) despite the need for more improvement in the ease of doing business. EUROPEAN-PHILIPPINE BUSINESS...
Sweden, which holds the current presidency at the EU Council, expressed optimism that negotiations for the long-delayed bilateral free deal with the Philippines could finally resume, citing the current Marcos administration’s openness and for “moving in the right direction.” Sweden Foreign...
The Indo Pacific Economic Framework for Prosperity (IPEF) is seen relegating to the sidelines discussions on the renewal of the US-Generalized System of Preference (GSP) and the proposed bilateral free trade agreement (FTA) with the Philippines as the Biden administration is looking toward a...
