The Philippines is working to conclude negotiations for its free trade agreement (FTA) with Chile this year, following a successful first round of talks. Department of Trade and Industry (DTI) Undersecretary Allan Gepty said that after a productive round of negotiations, both countries are now on...
The Philippines expects negotiations for a free trade agreement (FTA) with the European Union (EU) to conclude next year, as the government seeks to open new markets for its goods and services. Department of Trade and Industry (DTI) Secretary Cristina Roque stated that the FTA with the 27-member...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
South Korean Ambassador to Manila Lee Sang-hwa said that there was a 4,000 percent increase in South Korea’s investment in the Philippines during the first quarter of this year because of the free trade agreement (FTA) that entered into force on Dec. 31, 2024. In a media luncheon on Tuesday,...
The Philippines and the European Union (EU) are seeking to expedite the conclusion of negotiations for a free trade agreement (FTA) amid uncertainties in global trade, with the next round of talks scheduled for October in Manila. Department of Trade and Industry (DTI) Undersecretary Allan Gepty,...
The meeting between President Marcos and United States President Donald Trump will reaffirm the long-standing allies’ defense ties, building on the decades-old Mutual Defense Treaty (MDT), Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez said. During a press conference on...
Former Makati City Mayor Abby Binay-Campos asserted on Thursday, July 10, that the city has more than enough funds to pay for the settlement agreement regarding the ownership and development of the Makati subway project. Her statement contradicted claims from the current administration, led by her...
The Lithuanian government is open to a possibility of a defense pact with the Philippines that will allow the presence of their troops in each other’s soil and enter into joint military exercise. “We are not going to compete with our colleagues in Europe, but yes, we talked about possibility...
The negotiations and discussions involving the Reciprocal Access Agreement (RAA), the Acquisition and Cross-Servicing Agreement (ACSA), and the Agreement on the Security of Information will take the partnership of the Philippines and Japan to a “higher level” as both countries aim to ensure the...
After the ratification of the Reciprocal Access Agreement (RAA) by both the Philippines and Japan, the Armed Forces of the Philippines (AFP) said the next phase would involve the crafting of its implementing rules and regulations (IRR). “We welcome the signing of the RAA by the Japan Diet at...
The National Security Council (NSC) added to the growing list of government agencies that voiced support for the ratification of the Reciprocal Access Agreement (RAA) between the Philippines and Japan, saying it was “timely and strategic” amid the volatile situation in the Indo-Pacific region....
The Department of National Defense (DND) welcomed the approval of the Philippines-Japan Reciprocal Access Agreement (RAA) by Tokyo’s national legislature, the National Diet, on Friday, June 6. The pact allows both countries to send military forces and equipment to each other’s territory for...
