Topic page on {?keyword?} | ABS-CBN News

Philippines poised to benefit from China-led free trade pact

ABS-CBN News
Updated as of Nov 06 01:26 PM

The Philippines could reap “incremental” gains depending on what “additional access” a region-wide free trade agreement will open up in the future, University of Asia and the Pacific international economics professor George Manzano ANC.    Read more »

Xi pledges wider market access, free-trade deals

Agence France-Presse
Posted at Nov 05 11:40 AM

President Xi Jinping on Tuesday pledged to further open China's economy, declaring the world must "tear down walls" as he opened an annual trade fair in Shanghai.   Read more »

RCEP members fail to sign free trade deal

Vivienne Gulla, ABS-CBN News
Posted at Nov 04 11:02 PM

THAILAND—After 7 years, participating countries in the Regional Comprehensive Economic Partnership (RCEP) failed to sign a mega free trade deal during a summit in Nonthaburi, Thailand. Read more »

RCEP effectively gives up year-end goal for free trade deal

Kyodo News
Updated as of Nov 04 11:58 PM

In the statement released after their summit in Thailand, RCEP leaders pledged to sign an agreement on creating the world's largest free trade area in 2020. Read more »

Duterte urges India to approve RCEP

Vivienne Gulla, ABS-CBN News
Posted at Nov 04 01:37 AM

President Rodrigo Duterte urged India to conclude the Regional Comprehensive Economic Partnership in order to narrow the development gap.   Read more »

India pursues China-led trade deal despite domestic opposition

Neha Dasgupta, Reuters
Posted at Oct 10 10:27 PM

India is pressing ahead with talks to join a China-led free trade pact, officials said on Thursday, despite some domestic producers' concerns that the country could be flooded with cheaper Chinese imports. Read more »

Magtanim ay 'di biro

Editorial cartoon by Dennis Gasgonia, ABS-CBN News
Updated as of Sep 10 08:48 PM

Indeed, planting rice in the Philippines has never been fun to most Filipino rice farmers, as the popular folk song goes. Read more »

Asia-Pacific nations rush to conclude trade deal amid tensions

Kyodo News
Posted at Aug 20 05:32 PM

The Regional Comprehensive Economic Partnership is being negotiated among the 10-member Association of Southeast Asian Nations, Australia, China, India, Japan, South Korea and New Zealand. Read more »

Vietnam, EU sign landmark free trade deal

Khanh Vu and Phuong Nguyen, Reuters
Posted at Jun 30 10:04 PM

The European Union signed a landmark free trade deal with Vietnam on Sunday, the first of its kind with a developing country in Asia, paving the way for tariff reductions on 99% of goods between the trading bloc and Southeast Asian country. Read more »

EU to sign trade deal with Vietnam

Agence France-Presse
Posted at Jun 25 10:32 PM

The European Union will sign a deal to remove virtually all customs duties on trade with Vietnam on Sunday, the EU Commission announced. Read more »

Asia-wide free trade deal to partially 'insulate' region from US-China trade war: Lopez

Vivienne Gulla, ABS-CBN News
Posted at Jun 21 04:20 PM

ASEAN leaders are expected to conclude negotiations on an Asia-wide free trade agreement this year, a move expected to insulate the region from the effects of the US-China trade war, an official said Friday. Read more »

‘Back on track’: Philippines, Chile revive talks on free trade pact

Cathy Yang, ABS-CBN News
Updated as of May 31 10:53 AM

Chile and the Philippines may finally sign a free trade agreement next year, a move expected to boost economic relations between the 2 countries, Chilean ambassador said Thursday. Read more »

ASEAN wants RCEP negotiations concluded by November, signed 2020

Kyodo News
Posted at Apr 23 08:57 PM

ASEAN officials said they no longer expect an Asia-wide free trade deal involving 16 countries to be signed by November, but they still hope negotiations can be concluded by then. Read more »

PH, South Korea aiming for bilateral free-trade agreement: DTI

ABS-CBN News
Posted at Apr 17 10:34 PM

Trade with South Korea reached $13.7 billion in 2018, making it the Philippines' fifth largest trading partner.  Read more »

EU-Japan trade deal approved for 2019 star

Foo Yun Chee, Reuters
Posted at Dec 12 09:24 PM

European Union and Japanese plans to form the world's largest free trade area cleared their final hurdle on Wednesday when EU lawmakers backed a partnership set to enter force early next year. Read more »

APEC nations fracture over future of free trade

Tom Westbrook and Charlotte Greenfield, Reuters
Posted at Nov 17 11:02 AM

Fault lines were quick to emerge over the future of free trade as leaders gathered for an Asia-Pacific summit on Saturday, with some calling for radical change while others argued for a return to the status quo on globalization. Read more »

EU to finish ratification procedures for trade pact with Japan on Dec. 20

Kyodo News
Posted at Oct 23 07:21 PM

The European Union is set to complete necessary procedures for the ratification of a free trade agreement with Japan on Dec. 20, as an antidote to the increasingly protectionist bent of US President Donald Trump's administration, a deputy chief of the bloc's executive body said Tuesday. Read more »

Global stocks climb; markets hail US-Mexico trade deal

Trevor Hunnicutt, Reuters
Posted at Aug 29 08:26 AM

Monday's news of the US-Mexico agreement on trade pushed the S&P 500 and Nasdaq indexes to record highs, and indexes across Europe and Asia followed Wall Street's lead, inching to multi-month highs. Read more »

U.S. drops agriculture demand from NAFTA talks -Mexico farm lobby

Sharay Angulo, Reuters
Posted at Aug 20 05:50 AM

The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports, Mexico's top farm lobby said on Sunday. Read more »

World's biggest trading bloc ‘substantially' complete this year: Singapore FM

Tarra Quismundo, ABS-CBN News
Posted at Aug 07 08:49 AM

If completed, the Regional Comprehensive Economic Partnership will account for a third of the world's economy and half of its population. Read more »