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Philippines’ RCEP ratification: a deadly blow for the country’s agriculture
The country’s economic sovereignty that will supposedly provide a ground for the flourishing of local agriculture and production has been once again gnawed by global corporate interests.
Philippines, South Korea free trade deal in final stages
The free trade agreement between the Philippines and South Korea is in the final stages, the Philippine Department of Trade and Industry said on Tuesday.
No to RCEP! don’t make the Philippines an “ukay-ukay” Republic!!
The Senate should withhold its concurrence with the treaty until the necessary policies, strategies, and programs are emplaced so that the RCEP benefits, and does not harm, the agricultural sector and the economy as a whole.
Senate cements Philippines’ membership in RCEP trade deal
The Senate on Tuesday night concurred with the ratification of the Philippines’ membership in the Regional Comprehensive Economic Partnership Agreement or RCEP, the latest country in Southeast Asia to join the world’s largest free trade deal.
Farmers make a final appeal to Senators to reject RCEP
The Kilusang Magbubukid ng Pilipinas said the Philippines’ agriculture sector stands to lose the most under the Regional Comprehensive Economic Partnership (RCEP) trade agreements.
PH likely to sign free trade deal with South Korea ’very soon’: DTI Michelle Ong
The Philippines and South Korea may sign a free trade deal "very soon" as officials of the two countries continue discussions, Trade Secretary Alfredo Pascual said.
Senate to resume RCEP deliberations
Farmer groups maintain their opposition against the Regional Comprehensive Economic Cooperation (RCEP) as Senate resumes its deliberations Tuesday, Feb. 7, on the country’s participation in the mega trade deal.
Agricultural groups say RCEP trade deal to hurt local farmers
Several agricultural groups reiterated their opposition to the ratification of the Philippine participation in the Regional Comprehensive Economic Partnership (RCEP) saying it could hurt local farmers.
US open to forging FTA with Asean, says Romualdez
The United States may pursue a free trade agreement (FTA) with the Association of Southeast Asian Nations (Asean) as it seeks to boost economic activities with the major economic bloc, which bodes well for the Philippines.
Marcos backing for RCEP premature, think tank says
President Ferdinand R. Marcos, Jr.’s declaration of support for the Regional Comprehensive Economic Partnership (RCEP) is premature pending the resolution of the agriculture industry remaining unresolved, a think tank said.
Marcos pushes for PH-EU free trade amid COVID-19 recovery
President Ferdinand Bongbong Marcos Jr. made a pitch for a free trade agreement between the Philippines and the European Union to shore up economic recovery following the onslaught of the COVID-19 pandemic.
DTI: GSP+ renewal on Brussels agenda
The Philippines remains committed to reapplying for Generalized Scheme of Preferences Plus (GSP+) privileges from the European Union once these expire next year, the Trade department said.
PH, SoKor target to sign free trade deal in Q1 2023
Manila and Seoul target to conclude discussions of their bilateral free trade agreement (FTA) in order to sign the trade pact by first quarter of next year, the Department of Trade and Industry (DTI) said.
Signing of PH-S.Korea FTA in Cambodia hits snag
Signing of the Philippines-South Korea free trade area (PH-ROK FTA) will have to wait until early next yet instead of this month, as both parties are still reviewing text and provisions of the trade deal.
Philippines willing to work on FTA negotiations with EU
The Philippines has expressed interest and willingness to work toward the resumption of negotiations for a Free Trade Agreement (FTA) with the European Union (EU), according to the Department of Trade and Industry (DTI).
PH seen ratifying economic treaty end-2022
President Ferdinand “Bongbong” Marcos Jr. is yet to make a decision on the ratification of the RCEP as he wants to ensure the trade agreement will not be detrimental to local industries.
PH-S. Korea free trade deal seen entering into force in 2023
The Philippines is eyeing the entry into force of a free trade agreement (FTA) with South Korea next year, with the bilateral pact seen benefiting local banana and processed pineapple exporters in the form of reduced tariffs.
DTI calls for resumption of PH-EU FTA nego
The Philippines has expressed its readiness to resume negotiations for a bilateral free trade agreement (FTA) with the European Union and the planned visit of President Ferdinand Marcos Jr. to Brussels in December this year could help advance the trade deal negotiation.
Canada prefers FTA with Asean over bilateral deal with Philippines
Canada has expressed preference for a free trade agreement with the ASEAN instead of one with the Philippines, dampening the hopes of some groups that a bilateral trade deal between the two countries will be forged.
NEDA pushes RCEP ratification
The National Economic and Development Authority (NEDA) is pushing for the immediate ratification of the RCEP agreement to send a clear signal that the country is open to investments that will help generate more jobs.