The Philippines signed its first bilateral FTA with Japan in 2006 and is presently party to the ASEAN FTA processes (China, India, Korea, Japan and Australia/New Zealand). The Philippine government has been trying to get Washington to offer an FTA, while those of New Zealand and Chile are apparently in favour of a bilateral deal with Manila. The Philippine government wants to join the TPP, and is engaged in efforts to lay the groundwork for negotiations with the EU for a possible FTA.
last update: May 2012
The trade deficit of the Philippines has been growing at a “quite alarming” rate, said Board of Investments (BOI) executive director Ma. Corazon Dichosa.
The government said it is exploring the possibility of a Free Trade Agreement (FTA) with the United Arab Emirates (UAE).
The Philippines is optimistic that discussions on the proposed bilateral free trade agreement (FTA) with the US could start next year after the US Congress has settled trade issues with Canada and Mexico.
The US will begin negotiations for a free-trade agreement (FTA) with Manila in 2020, in a move that will secure market access for Philippine exporters to the United States
At the center of the intensifying rivalry are the Philippines and Taiwan, and the rest of other states in Southeast Asia, that will eventually face the tough choice between the US and China.
Seoul has responded positively to Manila’s long-standing request to eliminate tariffs on agricultural products, in exchange for reduced import duties on South Korean industrial goods.
Norway said Philippine exporters should to tap its market by taking advantage of the country’s trade deal with the European Free Trade Association (EFTA).
The Philippines is keen on forging more bilateral free- trade agreements (FTAs) with several countries amid the intensifying trade tensions between the United States and China.
The Philippines will demand that South Korea eliminate both tariff and nontariff measures on agricultural products, in negotiations for a bilateral free trade agreement (FTA).
The US and Philippine forge can forge a free trade agreement (FTA) as both countries continue holding dialogues on strengthening bilateral trade relations.