President Marcos appealed to the United States Congress to hasten the reauthorization of the US Generalized System of Preferences (GSP) program, which entails the preferential and duty-free entry of select Philippine products to the American market. President Ferdinand ‘Bongbong’ Marcos...
The powerful European Parliament and European Council support the proposal of the EU Commission, the executive branch of the European Union (EU), for a four-year roll-over of the existing EU-Generalized System of Preferences (GSP+), which grants zero tariffs on the Philippines’ more than 6,000...
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...
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...
Senator Sherwin Gatchalian on Sunday, July 16, expressed his support to the proposed renewal of the Philippines’ participation in the Generalized Scheme of Preferences Plus (GSP+). Sen. Sherwin Gatchalian (Senate PRIB...
As the Philippines seeks the renewal of its inclusion in the European Union’s (EU) Generalized Scheme of Preferences Plus (GSP+), Trade Secretary Alfredo Pascual on Wednesday, July 12, said that the regional bloc is “happy” with the recent human rights developments in the country. Trade...
A top ranking official of the EU Parliament has recognized the good progress in the Philippines’ good governance, labor, human rights, and environment – areas that are crucial in the country’s continued privileges under the EU Generalized Scheme of Preferences Plus (GSP+), which allows the...
The Philippines has asked France’s support for the renewal of the country's status in the EU Generalized System of Preferences (GSP) Plus where the country’s roughly 6,000 tariiff lines (export items) enjoy zero duty privilege upon entry in EU markets. PHILIPPINES SEEKING FRANCE'S SUPPORT FOR...
The country’s tuna exports to the UK will enjoy duty-free status upon the implementation of the generous Developing Countries Trading Scheme (DCTS), further boosting the Philippines and UK bilateral trade, which already reached an all-time high in 2022, British Ambassador to the Philippines...
Trade Secretary Alfredo Pascual said on Tuesday, June 6, that he would fly to Brussels, Belgium toward the end of June to follow up on the Philippines’ status on the European Union’s (EU) Generalized Scheme of Preferences Plus (GSP+), as well as negotiations on the Free Trade Agreement (FTA)....
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...
