ISDS Case Map
Philippines
Trade Secretary Alfredo Pascual will be in Brussels this month to continue talks on the Philippines' trade with the European Union and the country's bid to have a free trade deal with the EU.
The Philippines is pursuing the resumption of free trade negotiations with the European Union (EU) to secure additional duty-free market access, and provide a conducive framework for attracting more significant investments from the EU.
The Philippines is eyeing a free trade deal with the United States while waiting for the renewal of its eligibility to the US GSP (Generalized System of Preferences) program which expired in 2020, a trade official said.
The RCEP will likely take effect for the Philippines around June, a Trade official said. This as the Department of Trade and Industry (DTI) aims to deposit the instrument of ratification for the Philippines’ participation in the mega-trade deal by April 3.
The country’s economic sovereignty that will supposedly provide a ground for the flourishing of local agriculture and production has been once again gnawed by global corporate interests.
The free trade agreement between the Philippines and South Korea is in the final stages, the Philippine Department of Trade and Industry said on Tuesday.
The Senate should withhold its concurrence with the treaty until the necessary policies, strategies, and programs are emplaced so that the RCEP benefits, and does not harm, the agricultural sector and the economy as a whole.
The Senate on Tuesday night concurred with the ratification of the Philippines’ membership in the Regional Comprehensive Economic Partnership Agreement or RCEP, the latest country in Southeast Asia to join the world’s largest free trade deal.
The Kilusang Magbubukid ng Pilipinas said the Philippines’ agriculture sector stands to lose the most under the Regional Comprehensive Economic Partnership (RCEP) trade agreements.
The Philippines and South Korea may sign a free trade deal "very soon" as officials of the two countries continue discussions, Trade Secretary Alfredo Pascual said.
