ISDS Case Map
Philippines
The country’s economic sovereignty that will supposedly provide a ground for the flourishing of local agriculture and production has been once again gnawed by global corporate interests.
The free trade agreement between the Philippines and South Korea is in the final stages, the Philippine Department of Trade and Industry said on Tuesday.
The Senate should withhold its concurrence with the treaty until the necessary policies, strategies, and programs are emplaced so that the RCEP benefits, and does not harm, the agricultural sector and the economy as a whole.
The Senate on Tuesday night concurred with the ratification of the Philippines’ membership in the Regional Comprehensive Economic Partnership Agreement or RCEP, the latest country in Southeast Asia to join the world’s largest free trade deal.
The Kilusang Magbubukid ng Pilipinas said the Philippines’ agriculture sector stands to lose the most under the Regional Comprehensive Economic Partnership (RCEP) trade agreements.
The Philippines and South Korea may sign a free trade deal "very soon" as officials of the two countries continue discussions, Trade Secretary Alfredo Pascual said.
Farmer groups maintain their opposition against the Regional Comprehensive Economic Cooperation (RCEP) as Senate resumes its deliberations Tuesday, Feb. 7, on the country’s participation in the mega trade deal.
Several agricultural groups reiterated their opposition to the ratification of the Philippine participation in the Regional Comprehensive Economic Partnership (RCEP) saying it could hurt local farmers.
The United States may pursue a free trade agreement (FTA) with the Association of Southeast Asian Nations (Asean) as it seeks to boost economic activities with the major economic bloc, which bodes well for the Philippines.
President Ferdinand R. Marcos, Jr.’s declaration of support for the Regional Comprehensive Economic Partnership (RCEP) is premature pending the resolution of the agriculture industry remaining unresolved, a think tank said.
