ISDS Case Map
Philippines
The Philippines is eyeing the entry into force of a free trade agreement (FTA) with South Korea next year, with the bilateral pact seen benefiting local banana and processed pineapple exporters in the form of reduced tariffs.
The Philippines has expressed its readiness to resume negotiations for a bilateral free trade agreement (FTA) with the European Union and the planned visit of President Ferdinand Marcos Jr. to Brussels in December this year could help advance the trade deal negotiation.
Canada has expressed preference for a free trade agreement with the ASEAN instead of one with the Philippines, dampening the hopes of some groups that a bilateral trade deal between the two countries will be forged.
The National Economic and Development Authority (NEDA) is pushing for the immediate ratification of the RCEP agreement to send a clear signal that the country is open to investments that will help generate more jobs.
The Philippines’ free trade agreement (FTA) with South Korea is inching closer to formalization with the initial signing of the economic pact seen within the next two weeks.
Philippines and the European Free Trade Association (EFTA) countries have agreed to push for more trade to improve utilization of the free trade agreement (FTA) stressing the FTA as a tool for economic recovery after the pandemic.
The Philippines and United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) on June 9, with the Trade department expressing an interest in tapping Dubai investment in agriculture and energy, among others.
The Philippines and Israel inked the investment promotion and protection agreement that includes investor-state dispute settlement.
President-elect Marcos' has expressed uncertainty about the RCEP and suggesting that the government might need "to take another look at it."
The current Senate should defer further action on RCEP. President-elect Bongbong Marcos and the incoming Congress can then review the agreement and craft the country’s trade policy, consistent with an overall plan for the revitalization and competitiveness of Philippine agriculture.
