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 Philippines’ first free trade agreement (FTA) with a Middle Eastern country is expected to be signed next month with the United Arab Emirates (UAE), which will likely set the stage for more substantial investments from sovereign wealth funds. In a business forum hosted by the Dubai Chamber of...
The European Union (EU) is open to accelerating the negotiations for a free trade agreement (FTA) with the Philippines amid global trade uncertainties such as the tariff policy of the United States (US). EU Ambassador to the Philippines Massimo Santoro said on Tuesday, May 13, that the 27-member...
​The Department of Foreign Affairs (DFA) on Friday, Jan. 3, welcomed the entering into force of the Free Trade Agreement (FTA) between the Philippines and South Korea—a deal that it said will further elevate the two countries' relations. "The implementation of this landmark agreement...
The Philippines, the United States, and Japan have further enhanced their economic cooperation by promoting resiliency amid pressing global trade challenges. In a related development, American agricultural producers have expressed hopes that Manila and Washington could forge a free trade agreement...
The Board of Investments (BOI) and the Korea Trade-Investment Promotion Agency (KOTRA) have formalized their partnership to strengthen bilateral trade and investment ties between Manila and Seoul. In a Memorandum of Understanding (MOU) signed on Oct. 7, 2024, the two agencies committed to jointly...
The European Union (EU) has committed to work with the Philippines for the success of negotiations of a Free Trade Agreement between the two sides. Newly-appointed EU Ambassador to Manila Massimo Santoro made the promise on Wednesday, Sept. 25, as he presented his credentials to President Marcos at...
The Department of Trade and Industry (DTI) said it would push at the minimum the carryover of benefits that Filipino exports currently enjoy under the EU Generalized Scheme of Preferences Plus (EU-GSP+) into the proposed free trade agreement with EU. “We will ask for the inclusion of the EU-GSP...
The European Union (EU) has extended until 2027 the Philippines' inclusion in its list of countries enjoying the Generalized Scheme of Preferences Plus (GSP+), EU chief Ursula von der Leyen said Tuesday, August 1. The development came as the regional bloc also decided to resume soon negotiations...
The Philippines and the European Union (EU) are expected to soon start the "scoping process" of the extent of their free trade agreement (FTA) as the two sides agreed on Monday to resume negotiations on the said deal. According to EU, Manila and the 27-member regional bloc "will shortly kick off"...
European businessmen believe that the stream of foreign direct investments (FDI) and trade into the Philippines will increase substantially in the coming months and years following increased momentum in interest from EU countries and the brighter prospects for a free trade deal between the two...
The Philippines and the European Union (EU) will resume talks on the Free Trade Agreement (FTA)—a deal seen to bolster economic ties between the two sides—as EU chief Ursula von der Leyen made an historic visit to the country to "accelerate" areas of cooperation between Manila and the...
