The Philippines remains open to move forward discussions on possible separate free trade agreements (FTAs) with the United States and the European Union after talks have recently slowed down.
South Korea plans to hold the fifth round of talks with the Philippines on a bilateral free trade agreement this week, with a goal of concluding the deal this year.
The European Union (EU) has prioritized the EU-GSP (Generalized System of Preference) Plus as the platform that will govern its cooperation and trade relationship with the Duterte administration.
The Japan Philippines Economic Partnership Agreement (JPEPA) negatively impacted machinery and mechanical exports even as it benefited Philippine exports overall, according to a study from the Philippine Institute of Development Studies.
The trade deficit of the Philippines has been growing at a “quite alarming” rate, said Board of Investments (BOI) executive director Ma. Corazon Dichosa.
The government said it is exploring the possibility of a Free Trade Agreement (FTA) with the United Arab Emirates (UAE).
The Philippines is optimistic that discussions on the proposed bilateral free trade agreement (FTA) with the US could start next year after the US Congress has settled trade issues with Canada and Mexico.
The Philippines’ chief economic manager is still pushing for the massive deal covering Asean and its free-trade partners such as China to sustain fast growth and poverty reduction across the region.
The Philippines and South Korea are aiming to conclude their free trade negotiations by next year in a bid to finally cure the trade and industry imbalances between the two Asian nations.
The US will begin negotiations for a free-trade agreement (FTA) with Manila in 2020, in a move that will secure market access for Philippine exporters to the United States
Trade Justice Pilipinas have come out on the streets over the last few weeks to lead various protest actions across the region against the RCEP—touted as the biggest regional free trade and investment deal.
Free Trade Agreement (FTA) negotiations with South Korea are currently stalled because Seoul has not budged on key items sought by the Philippine side, particularly on opening up the market for bananas.
At the center of the intensifying rivalry are the Philippines and Taiwan, and the rest of other states in Southeast Asia, that will eventually face the tough choice between the US and China.
Negotiations between the Philippines and South Korea on the planned free trade agreement (FTA) is “smooth sailing”, South Korean Ambassador to the Association of Southeast Asian Nations (Asean) Lim Sung-nam said Wednesday.
South Korea and the Philippines are expected to sign next month an expanded free trade agreement to further boost the two countries flourishing commercial trading.
The Philippines and South Korea are poised to conclude a bilateral free-trade agreement (FTA) one month ahead of the November target, as both parties are making significant progress in market access negotiations.
The EU Commission or the Council never have adopted any decision to suspend the EU - Philippines FTA negotiation
The Philippines Trade Secretary expects to open up the South Korean market to more Philippine products other than traditional agricultural goods, with the free trade deal which is targeted to be signed this November.
The European Union has suspended negotiations for a free trade deal with the Philippines partly due to concerns over human rights protection as the government wages war against illegal drugs.
Seoul has responded positively to Manila’s long-standing request to eliminate tariffs on agricultural products, in exchange for reduced import duties on South Korean industrial goods.