Trade and Industry Secretary Alfredo E. Pascual warned that EU exports to the Philippines will be “competitively disadvantaged” due to the continuing delays in the EU-Philippines bilateral free trade agreement (FTA). Pascual tried to drive home this point during the European Chamber of Commerce...
The European Council has welcomed the Philippines' push to pursue a free trade agreement (FTA) with the trade bloc and bolster the country’s Generalized Scheme of Preferences Plus (GSP+) accreditation, Malacañang said. (Malacañang Photo) This came after President Ferdinand "Bongbong" Marcos Jr....
President Ferdinand “Bongbong” Marcos Jr. on Wednesday urged the European Union (EU) to work on the materialization of the Philippine-EU free trade agreement (FTA) as he said the Western bloc is missing some business opportunities that other Asian nations enjoy with the country. In his speech...
President Ferdinand E. Marcos Jr. is expected to hold roundtable and business meetings with select European companies with major presence or have plans to do business in the Philippines during his visit to Brussels. The president will participate in the ASEAN-EU Summit in Brussels next week where...
Trade and Industry Secretary Alfredo E. Pascual said the inclusion of new chapters in the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) is expected to fuel inclusive growth and integration of micro, small and medium enterprises (MSMEs) into the global value chain. Pascual said following the...
EDITORIAL The Philippines and Korea have concluded negotiations for a bilateral Free Trade Agreement (FTA), more than two years after both countries agreed to achieve a comprehensive and future-oriented trade deal. A joint statement issued Tuesday, Oct. 26, announcing the conclusion of the FTA...
The Philippines and South Korea concluded Free Trade Agreement (FTA) negotiations that will open the markets for both countries. Philippine Trade Secretary Ramon Lopez and Korean Trade Minister Han-Koo Yeo signed and issued a joint statement Tuesday. Philippine Trade Secretary Ramon Lopez (right)...
At least $500 million worth of garment and apparel importation from top international buyers, particularly US brands, have been shifted to the Philippines, according to the Foreign Buyers Association of the Philippines. This was announced by Robert M. Young, FOBAP President and trustee of the...
The Board of Investments (BOI) targets to conclude by end June this year all discussions and resolve divergent issues of the free trade agreement (FTA) with South Korea. Trade and Industry Undersecretary Ceferino S. Rodolfo said that this timeframe is critical because the Philippines will be...
The Philippines has been advised to push for a more doable sectoral bilateral trade agreement with the US before rolling to a more comprehensive free trade agreement, if not push for a wider US-ASEAN FTA under the new Biden administration. Amb. Michael W. Michalak, senior vice-president and...
The Philippines is planning to tap South Korea for additional funding support for coronavirus response as well as development financing and push for the advancement of the two nation’s free trade negotiations, the Department of Finance (DOF) said. Following a recent lunch meeting between Finance...
After 8 years of negotiations, trade ministers from 15 countries are set to sign tomorrow, Nov. 15, the China-backed Regional Comprehensive Economic Partnership (RCEP), creating the world’s biggest free trade area (FTA) agreement. “The RCEP has finally been concluded and finalized by all trade...
