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PH-EU trade talks to resume early March

The fifth round of negotiations for the country’s free trade agreement (FTA) with the European Union will resume in early March 2026 in Belgium, EU Ambassador to the Philippines Massimo Santoro told.

Mexico, South Korea move closer to bilateral free trade agreement

Mexico and South Korea are advancing talks to finalize a bilateral free trade agreement aimed at lowering tariffs and boosting economic cooperation. The renewed momentum follows a high-level parliamentary exchange, with Mexico pledging to support negotiations and facilitate the process.

EU pulls tariff preferences on 87 pc of Indian exports ahead of FTA

From January 1, 2026, India faces a significant setback in the European Union market as the EU suspends Generalised Scheme of Preferences (GSP) benefits for 87% of its exports. This move means Indian products must now pay full Most Favoured Nation (MFN) tariffs, eliminating the previous 20% average tariff reduction under GSP.
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