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...
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...
