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
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.
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.
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.
The Philippines and United Arab Emirates are finalizing an investment agreement and will also launch Comprehensive Economic Partnership Agreement (CEPA) discussions.
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.
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).
The process of reviewing the free trade agreement (FTA) between the Philippines and Japan has stalled on the issue of access to Japanese markets for Philippine farm products, according to the Board of Investments (BoI).
The Department of Trade and Industry (DTI) said the Joint Economic Cooperation (JEC) between the Philippines and Chile will commence this year to strengthen trade and investment ties between the two nations.