Trade and Industry Secretary Alfredo E. Pascual said the Philippines is not closing to formalizing its trade relations with the US amid pronouncements by its number one ally to focus on the Indo Pacific Economic Framework (IPEF) instead of free trade deals. DTI Secretary Alfredo E. Pascual While...
Three convictions out of the 6,000 alleged cases of extra-judicial killings (EJKs) in the Philippines are "not enough" to ensure that the country will continue enjoying the benefits of the European Union's (EU's) Generalised Scheme of Preferences Plus (GSP+) status. EU Special Representative for...
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...
House Committee on Human Rights Chairman and Manila 6th district Rep. Benny Abante issued a stern message Thursday, Feb. 23 to European Parliament (EP) Subcommittee on Human Rights members. Manila 6th district Rep. Bienvenido Abante Jr. speaks during the meeting with the European Parliament...
The EU-Generalized System of Preferences Plus (GSP+) has been instrumental in boosting the exports of AURO Chocolates, one of 24 Philippine companies that are able to export products to the 27-member states EU. Kelly Go, co-founder and manager of AURO Chocolates, said AURO sales have increased by...
President Ferdinand "Bongbong" Marcos Jr. said he will ask the European Union (EU) to retain the Philippines from enjoying the benefits of the Generalized Scheme of Preferences Plus (GSP+), which include zero tariff on thousands of Philippine exports to the West. This came after the EU Parliament...
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...
The Philippines will join in the first negotiating meeting of the US-led Indo Pacific Economic Framework (IPEF) in Brisbane, Australia in December this year and its intention to tap grants and support for industry developments under the initiative, Trade and Industry Secretary Alfredo E. Pascual...
The European Union (EU) hinted that compliance with the conventions set under its Generalized System of Preferences+ (GSP+) will be a strong determinant to the successful outcome of the proposed bilateral free trade agreement (FTA) between the two countries. This was raised by Luc Véron,...
Filipino firm Go Shopping Philippines (GSP) is banking on the sustained boom in digital malls and marketplace in the Philippines for its growth and expansion here and abroad. 30626 “With the imposition of lockdowns, it’s inevitable people can’t go out. This paved the way for online e-commerce...
The Philippines emerged as the fifth biggest user of the US Generalized System of Preferences in 2020 amid a decline in total claims by beneficiary countries under the preferential trade program, according to the latest report of the US Trade Representative (USTR). The 2021 Trade Policy Agenda and...
With enhanced features British Ambassador Daniel Pruce conveyed that the British government will continue to keep the GSP (Generalized System of Preferences) Plus scheme with enhanced features as the United Kingdom breaks free from the political and economic union of the EU. Pruce spoke at...