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 American Chamber of Commerce of the Philippines seemed to have taken the cudgels for the Philippine government by pushing for a bilateral free trade agreement with the United States.
The Philippines will explore a bilateral free trade agreement with the US even as it will prioritize completion and implementation of existing and ongoing trade deals.
Both parties are now “undertaking their respective domestic processes for the ratification and entry into force of the agreement.
The Philippines is eyeing to forge a free trade agreement with Mexico to further deepen the bilateral trade and investment ties between the two countries.
European car distributors are asking the government to seek tariff concession for automotive under the planned Europe-Philippines free trade agreement (FTA).
The Philippines Department of Trade and Industry is aggressively pursuing free trade talks with key trading partners, including the European Union and Chile, as it seeks to follow through with the gains achieved by the last administration.
The Philippines has a web of investment treaties which severely constrain the government’s ability to regulate or close polluting mines, a legal straitjacket that will become even tighter if the EU–Philippines Free Trade Agreement and the Regional Comprehensive Economic Partnership (RCEP) proceed
Press statement of the EU-ASEAN Network on signing of Philippines-EFTA FTA
The Philippines and the European Free Trade Association (EFTA) will sign anytime this week the free trade agreement between the two, the country’s second bilateral FTA after the one with Japan.
The governments of the Philippines and Chile on Monday agreed to pursue a possible free trade agreement, signing a letter of intent on a joint feasibility study.