trade-deal | ABS-CBN News

Marcos bats for duty-free export of some PH products to US

ABS-CBN News
Posted at May 04 06:11 PM

Marcos called on the US to again allow the Philippines into its Generalized System of Preferences (GSP) program so the country can export some products duty-free. Read more »

Gov't urged to rethink RCEP due to threats to PH industries

Joyce Balancio, ABS-CBN News
Posted at Feb 27 05:02 PM

Several groups urged the government to rethink the country's participation in the RCEP due to threats to local industries and potential income losses. Read more »

Agri problems not due to imports: economist

ABS-CBN News
Updated as of Feb 22 04:14 PM

The Philippines' agricultural problems are not due to imports, Foundation for Economic Freedom President Calixto Chikiamco said on Wednesday. Read more »

NEDA says RCEP to bolster PH position as investment hub

ABS-CBN News
Posted at Feb 22 12:38 PM

NEDA Secretary Arsenio Balisacan said the RCEP would bolster the Philippines' position as an investment hub. Read more »

RCEP beneficial if PH 'does things right': MBC

ABS-CBN News
Updated as of Feb 22 10:09 AM

The Philippines stands to benefit from the Regional Comprehensive Economic Partnership (RCEP) if the government and stakeholders do things right, Makati Business Club Executive Director Francisco Alcuaz Jr said on Wednesday. Read more »

RCEP to expand market access, attract investments: Diokno

ABS-CBN News
Posted at Feb 22 09:10 AM

Finance Secretary Benjamin Diokno said on Wednesday the Regional Comprehensive Economic Partnership (RCEP) would provide enhanced trade, strengthen business environment, attract more investments, create jobs and support post-pandemic recovery. Read more »

Gov't urged: Boost anti-smuggling drive after Senate OKs RCEP

ABS-CBN News
Updated as of Feb 22 03:50 PM

The Employers Confederation Of The Philippines on Wednesday said it welcomes the Senate's ratification of the country's participation in the Regional Comprehensive Economic Partnership (RCEP) but anti-smuggling campaigns must also be enhanced. Read more »

What is RCEP? Why is it important?

Art Fuentes, ABS-CBN News
Posted at Feb 21 06:04 PM

The government says that by joining RCEP, the Philippines gains improved access for goods and services in the markets of other member countries, as well as reduced trade barriers. Read more »

PH at a disadvantage without RCEP ratification, says DTI chief

Michelle Ong, ABS-CBN News
Posted at Feb 15 11:13 AM

Without the Regional Comprehensive Economic Partnership (RCEP), the Philippines will have a "disadvantage" compared to its peers that are already reaping benefits from the deal in form of investments, Trade Secretary Alfredo Pascual said on Wednesday. Read more »

PH likely to sign free trade deal with South Korea 'very soon': DTI

Michelle Ong, ABS-CBN News
Updated as of Feb 15 11:38 AM

The Philippines and South Korea may sign a free trade deal 'very soon', Trade Secretary Alfredo Pascual said Wednesday. Read more »

PH envoy backs 'restart' of talks for US trade deal

Jekki Pascual, ABS-CBN News
Posted at Jan 31 05:41 PM

The GSP or Generalized System of Preferences allows duty-free entry of some Philippine products to the US. Read more »

Philippines 'ready' for RCEP ratification: official

ABS-CBN News
Posted at Jan 31 11:05 AM

The RCEP ratification will be beneficial to the country but there should be safeguards for key agricultural products, an official said. Read more »

PH eyes benefits for electronics industry in IPEF

Warren de Guzman, ABS-CBN News
Posted at Oct 20 03:23 PM

The DTI said it hopes that taking part in the IPEF will ensure the Philippine semiconductor industry will not suffer from the aggressive reshoring program of the US. Read more »

Foreign investors await PH decision on RCEP: trade chief

Sherrie Ann Torres, ABS-CBN News
Posted at Aug 22 05:09 PM

Trade Secretary Alfredo Pascual urged senators to support the ratification of the RCEP to attract more foreign investors. Read more »

US, Taiwan start talks for trade agreement

Robert Delaney and Lawrence Chung, South China Morning Post
Posted at Aug 18 06:54 PM

The agreement will address ‘significant distortions’ caused by state-owned enterprises and harm caused by non-market practices and policies. Taiwan's negotiator says talks will help the island straighten trade practices and statutes, paving the ground for a future free trade agreement with the US. Read more »

Philippines-Israel free trade deal possible: DTI chief

Jekki Pascual, ABS-CBN News
Posted at Aug 04 12:12 AM

The Department of Trade and Industry (DTI) is eyeing more Free Trade Agreements (FTA) with many countries. Read more »

RCEP trade deal fails in some areas

Kandy Wong, South China Morning Post
Posted at Aug 02 01:08 PM

Over a half year into the Regional Comprehensive Economic Partnership, trade experts say the world’s biggest trade pact serves more to ‘tidy up’ one-to-one agreements. The free-trade deal between China and Cambodia is said to be a prime example of how bilateral deals can trump the benefits of RCEP. Read more »

Countries haggle through the night to salvage WTO deals

Robin Millard, Agence France-Presse
Posted at Jun 16 08:24 AM

Ministers were frantically haggling through the night into Thursday at the World Trade Organization in a bid to salvage deals on food security, fishing and combating Covid-19. Read more »

Cautious optimism at high-stakes WTO meet

Agnès Pedrero, Agence France-Presse
Posted at Jun 13 08:55 AM

The World Trade Organization chief voiced cautious optimism as global trade ministers gathered to tackle food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid vaccines. Read more »

Econ managers bat for RCEP approval, allay agri concerns

ABS-CBN News
Posted at May 30 04:24 PM

The Philippines stands to lose more if it doesn't ratify the RCEP free trade deal, economic managers told senators on Monday. Read more »