ISDS Case Map
Philippines
The Philippines is expanding its free trade agreements to include Latin American and African countries. Undersecretary Allan Gepty of the Department of Trade and Industry announced plans for potential FTAs with African nations and ongoing studies for an FTA with Chile to broaden engagements in Latin America.
Philippine trade official said that there was “significant progress” made during the second round of negotiations for the planned free trade agreement (FTA) with the United Arab Emirates (UAE), citing both parties are still on track to finish the pact by year-end.
The Philippines and the United Arab Emirates will hold a second round of free trade talks this week, the Department of Trade and Industry (DTI) said, with the aim of concluding negotiations by October or November this year.
During the TIFA meeting, the United States and the Philippines discussed a range of bilateral trade and investment issues, including agriculture, labor, government procurement, intellectual property, environment, automotive safety standards, and supply chains.
The European Union (EU) and the Philippines are eyeing to establish the EU-PH Free Trade Agreement (FTA) before the Marcos administration ends. The Philippines government discussed the status of the formal negotiations for the PH-EU FTA, which will resume in the third quarter of 2024.
Hungary, as the incoming president of the Council of the European Union, will push for the early conclusion of the bloc's free trade agreement talks with the Philippines, its visiting foreign minister said.
The Philippines and Qatar are on the cusp of finalizing an investment promotion and protection agreement (IPPA), signaling a commitment to strengthen economic ties.
The Philippines’ membership in RCEP is conditional on implementing six measures in the agriculture sector. The Senate hearing is an important activity to ensure that these conditionalities are implemented. If not met, the ratification states: “The Senate of the Philippines may recommend to the President the withdrawal of the agreement.”
Members of the Regional Comprehensive Economic Partnership can further improve the alignment of operational guidelines across key sectors such as competition policy and trade in services to elevate mutual openness, said trade experts and foreign scholars on Sunday.
The Philippines is considering forging a bilateral free-trade agreement (FTA) with the United States on cyberspace and digital technology.
