Tag page - RCEP Philippines

House Speaker Martin Romualdez (leftmost, standing) (Speaker’s office)             House Speaker Martin Romualdez has trumpeted the Philippines' entry into the Regional Comprehensive Economic Partnership (RCEP), which he described as a big deal in terms of...

The Regional Comprehensive Economic Partnership (RCEP) Agreement, also known as RCEP, took effect in the country on June 2, 2023.  This is major economic news that will impact almost all sectors of trade and industry. Surprisingly, many Filipinos are still unaware what RCEP is. Ask your seatmates...

Trade and Industry Secretary Alfredo E. Pascual said manufacturers, whose raw materials are sourced from members of the Regional Comprehensive Economic Partnership (RCEP) countries, are expected to experience reduced cost, but he also hastened to add that the impact on consumer prices will largely...

Today, June 2, 2023, the Philippines joins the Regional Comprehensive Economic Partnership (RCEP), as the last among 15 member countries to participate in the world’s largest trade deal that opens wide market access of products at lower tariff rates. As RCEP takes effect, the Department of Trade...