ISDS Case Map
Philippines
At a recent briefing, the Department of Trade and Industry (DTI) Undersecretary Alan B. Gepty said the DTI is hoping to finalize a decision on whether negotiations for the FTA will resume in the first quarter.
The Department of Trade and Industry (DTI) of Philippines is pressing for a swift conclusion to the renegotiation of the PJEPA. Concerns include improved market access for Philippine bananas and Japan seeking better market access for its industrial goods.
South Korea is eager to see increased trade and investment with the Philippines, Korean Ambassador to the Philippines said, as he conveyed Seoul’s intention to ratify its recently signed free trade agreement with Manila “soon”.
On December 2, 2023, The Philippine's DTI Secretary signed the Terms of Reference for negotiations on a CEPA with the UAE, marking the first step towards a proposed bilateral free trade agreement. The TOR provides guidelines for the negotiations and outlines the scope and coverage of the CEPA.
The Department of Trade and Industry (DTI) said that the free trade agreement (FTA) between the European Union (EU) and the Philippines is currently at the “scoping stage,” which is expected to be completed by the end of the year.
To increase trade and facilitate more investment flows, the Philippine and Indian governments are currently in negotiations on a bilateral preferential trade agreement (PTA), that will reduce and eliminate tariffs on various goods.
The Philippines has chosen its negotiators to champion the country’s interests under the trade pillar of the Indo-Pacific Economic Framework for Prosperity (IPEF).
The Philippines is nearing the conclusion of initial discussions for a free trade agreement (FTA) with the European Union, signaling that formal discussions could begin on the bilateral agreement that is seen bringing greater market access and improved trade with the regional bloc.
A push by India and the Philippines to renegotiate their investment agreement is moving slowly. The agreement, which was signed in 2000 and came into force in 2001, expired in 2011. New Delhi has called for the agreement to be terminated and replaced by a new Bilateral Investment Treaty (BIT).
Following the signing last week of the free trade agreement (FTA) with South Korea, the Philippines is readying similar deals with other countries such as the United Arab Emirates (UAE) and the European Union (EU) and through Asean with Canada.
