ISDS Case Map
Philippines
DTI Secretary Ramon Lopez said that an agreement on the RCEP has not yet happened as member countries need to fine-tune details of the pact
"We’re comfortable and happy with the generalized system of preferences. If ever there are initiatives to work on an FTA, we’ll be open to that, but we won’t be bringing it up," says Philippines Trade Secretary.
Conclusion of the RCEP deal will be a priority at the ASEAN Summit in Manila
The Association of Southeast Asian Nations remains committed to conclude the Regional Comprehensive Economic Partnership (RCEP) at the soonest , said the Philippine Department of Foreign Affairs
Asean where the Philippines is part mulls free trade agreements with Canada, the United Kingdom, Russia, the European Union as well as the Eurasian Economic Union.
The Department of Trade and Industry (DTI) said the conclusion of the ASEAN-led free trade agreement RCEP is expected to further strengthen trade in the region.
The European Commission said on Tuesday the Philippines' human rights record could influence future trade ties, but denied reports that it had suspended free trade negotiations with Manila.
Mining firms should not resort to international arbitration in forcing the Department of Environment and Natural Resources to revoke its decision to suspend 28 mines and cancel 75 mineral-production sharing agreements.
China says the Philippines will play a key role in a proposed regional free trade agreement led by China.
ADB advisor Ganeshan Wignaraja said the Philippines must implement domestic reforms to make it more competitive should the RCEP be signed.
