The Philippines signed its first bilateral FTA with Japan in 2006 and is presently party to the ASEAN FTA processes (China, India, Korea, Japan and Australia/New Zealand). The Philippine government has been trying to get Washington to offer an FTA, while those of New Zealand and Chile are apparently in favour of a bilateral deal with Manila. The Philippine government wants to join the TPP, and is engaged in efforts to lay the groundwork for negotiations with the EU for a possible FTA.
last update: May 2012
Photo: Michel Cermak/Twitter
Press statement of the EU-ASEAN Network on signing of Philippines-EFTA FTA
The Philippines and the European Free Trade Association (EFTA) will sign anytime this week the free trade agreement between the two, the country’s second bilateral FTA after the one with Japan.
The governments of the Philippines and Chile on Monday agreed to pursue a possible free trade agreement, signing a letter of intent on a joint feasibility study.
The Department of Trade and Industry (DTI) is to meet members of business groups and nongovernment institutions to discuss the state of trade negotiations with the European Free Trade Association (EFTA).
The Philippines is negotiating for the inclusion of processed tropical fruits and durable fresh products as part of the ongoing negotiations for a free trade agreement with the European Free Trade Association. EFTA, in turn, wants zero tariff market access for fish.
The Philippines plans to forge bilateral agreements with Mexico, Chile and Canada, after the countries started last week exploration talks aimed at further strengthening their trade and economic relations.
The Philippines is set to engage into free trade agreement talks with Peru, a senior government official said on Wednesday.
Multi-sectoral network calls on Philippine government to turn back from its FTA ambitions
The first round of free trade agreement talks between the Philippines and the members of the European Free Trade Association – Iceland, Liechtenstein, Norway, and Switzerland – was held last week in Makati, Philippines.
A Chilean delegation is set to arrive in March and may initiate talks for a bilateral free trade agreement with the Philippines, Trade Secretary Gregory Domingo said over the weekend.