Aside from the Philippines’ pending accession to the mega free trade deal RCEP, the government is also strongly pushing for the country’s participation in the CPTPP and the Indo Pacific Economic Framework.
After the graduation to a developing nation, Bangladesh may take the initiative for holding discussions with ASEAN countries to sign free trade agreement, Philippine Ambassador said.
The Department of Trade and Industry (DTI) remains hopeful that the Senate will concur with the Regional Comprehensive Economic Partnership (RCEP), the Asean-led free trade deal with its five free trade partners, this month.
The proposed ASEAN-Canada free trade agreement holds the potential to broaden Philippine goods’ access to North American markets, the Philippine Department of Trade and Industry said.
The Department of Trade and Industry (DTI) said the conclusion of negotiations with Canada for a free trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN) is expected to come some time after the Duterte administration steps down on June 30.
Philippines’ Department of Trade and Industry targets to conclude the trade and investment agreement with the United Arab Emirates
The Philippines is keen on continuing the US Generalized System of Preferences and having a free trade agreement with the world’s largest economy.
After New Zealand notified it would not recognize Myanmar’s “instrument of ratification” of the RCEP because it opposes its military-led government, the Philippines will reject Myanmar’s instrument of ratification as well.
The Philippines and United Arab Emirates are finalizing an investment agreement and will also launch Comprehensive Economic Partnership Agreement (CEPA) discussions.
The Senate bowed to the wishes of over 100 peasant organizations and 200 mayors of municipalities engaged in organic farm production. The senators deferred to May the chamber’s decision on whether to ratify or not the RCEP.
Local fish, pork and chicken producers formed a united front against the RCEP and urged the Philippine Senate to defer ratification of the "lopsided" international trade accord.
The Philippines is aiming to sign next month the free trade agreement (FTA) with South Korea, which is expected to contribute to economic recovery efforts from the pandemic.
Trade Justice Pilipinas reiterates its call to the Senate to deny concurrence to the Regional Comprehensive Economic Partnership Agreement.
Over 60 groups of farmers, fishers, workers, civil society organizations and 186 mayors oppose the Senate’s concurrence to the Regional Comprehensive Economic Partnership (RCEP) trade agreement.
In the Philippine, RCEP ratification was distracted by the pandemic and typhoon response. The coming May polls may present some hurdles in fast-tracking accession to RCEP.
The Biden administration is perceived not interested in forging bilateral free trade agreement (FTA) with the Philippines, which was pushed during the Trump administration.
The Philippines and the United Arab Emirates (UAE) agreed to start scoping discussions on a possible comprehensive economic partnership agreement (CEPA).
A group of farmers has threatened not to support re-electionist senators if they will not junk the Regional Comprehensive Economic Partnership (RCEP), a mega trade deal.
A group of farmers, fishers, civil society organizations, and the private sector has expressed opposition to the ratification of the world’s largest free trade agreement—the Regional Comprehensive Economic Partnership (RCEP).
Trade and Industry Secretary Ramon M. Lopez cited the need to elevate the Philippine-EU trade and investment relations to new heights via a bilateral free trade agreement (FTA) to give the two parties’ bilateral relations more stability.