ISDS Case Map
Philippines
The Philippines is keen on joining the negotiations for the inter-regional economic integration (TPP) as well as starting informal talks with the European Union for a possible bilateral trade pact, the Trade department said.
The Philippines and the European Union (EU) can start implementing the Partnership Cooperation Agreement (PCA) that facilitates trade and investments and improve Filipino migration to Europe before ratification by the 27 EU member-states and the Philippines.
Trade activists urged the newly-installed administration of Filipino President Benigno Simeon Aquino III to publicly disclose the content of a political framework agreement the Philippine government signed with the European Union early June.
The European Union and the Philippines initialed on Friday in Brussels the text of a new partnership and cooperation agreement (PCA), following its completion on June 3. The PCA is not a free-trade agreement. However, should the EU and Philippines decide to negotiate an FTA, the PCA would facilitate its conclusion.
Short of shooting down a proposed bilateral free trade agreement between Taiwan and the Philippines, Trade and Industry Secretary Jesli A. Lapus said the country’s “One-China” policy stands and that commercial relations between the two economies are adequately covered under the Philippines-Taiwan Joint Economic Conference.
The multi-sectoral Fair Trade Alliance (FTA) is calling on incoming President Benigno Aquino III to prioritize the review and recall of controversial “midnight” Executive Orders issued by outgoing President Gloria Macapagal-Arroyo.
The militant fisherfolk alliance Pamalakaya on Wednesday urged Philippine President-elect “Noynoy” Aquino to submit the approved RP-European Union Partnership and Cooperation Agreement to the Philippine Senate for deliberation.
Civil society is asking the incoming administration for a moratorium on all pending trade agreements pending thorough consultation and study.
A framework agreement that will govern relations between the Philippines and the European Union is likely to be signed in October and could pave the way for a bilateral trade deal, a Cabinet official yesterday said.
After two years of intense negotiations, the Philippines and the European Union have concluded the Partnership Cooperation Agreement (PCA) that covers political issues, counterterrorism, human rights, trade and migration cooperation.
