RCEP secured senate nod 

PASAY CITY—Department of Trade and Industry (DTI) Secretary Fred Pascual, Undersecretary Ceferino Rodolfo, and Assistant Secretary Allan B. Gepty expressed their utmost appreciation to the Philippine Senate for concurring with the ratification of the Regional Comprehensive Economic Partnership (RCEP) on 21 February 2023.    With 20 senators voting for the concurrence, the Philippines is now set continue reading : RCEP secured senate nod 

DTI Chief stresses the importance of RCEP and stronger PH-EU trade relations

MAKATI CITY — Department of Trade and Industry (DTI) Secretary Fred Pascual boasted about the Philippine government’s ongoing efforts to create an enabling environment where businesses can thrive during the European Chamber of Commerce of the Philippines (ECCP) Luncheon Meeting held on 16 February 2023 at the Dusit Thani Manila.  During his keynote speech, Secretary continue reading : DTI Chief stresses the importance of RCEP and stronger PH-EU trade relations

Legarda urges firm implementation of RCEP guidelines

Senate President Pro Tempore Loren Legarda has urged for a stringent implementation of the guidelines included in the Resolution concurring in the ratification of the Regional Comprehensive Economic Partnership (RCEP).  The rules were based on previous dialogues with the affected industries, specifically the agriculture sector. Legarda has ensured that their issues and concerns will be continue reading : Legarda urges firm implementation of RCEP guidelines

Senate sub-committee convenes public hearing to clarify concerns of stakeholders on RCEP

MANILA – A Senate Public Hearing was convened on Tuesday, 7 February 2023 by the Committee on Foreign Relations (CFR) to extensively discuss concerns of agricultural groups regarding the Philippines’ ratification of the Regional Comprehensive Economic Partnership (RCEP) Agreement.  The hearing was facilitated by Senate President Pro Tempore Loren Legarda and Senate President Juan Miguel continue reading : Senate sub-committee convenes public hearing to clarify concerns of stakeholders on RCEP

DTI underscores importance of RCEP

MANILA — Recognizing the need of the Philippines for a deeper economic integration under a rules-based trading system and an enabling environment for investments, Department of Trade and Industry (DTI) Secretary Fred Pascual highlighted the crucial importance of the country’s participation in the Regional Comprehensive Economic Partnership (RCEP) Agreement. He emphasized that RCEP is vital continue reading : DTI underscores importance of RCEP

Joint media release of NEDA-DTI on the Senate Regional Comprehensive Economic Partnership (RCEP) agreement briefing

Manila – The ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) is needed to boost the economy in parallel with initiatives for a more productive and competitive Philippine agriculture sector, the National Economic and Development Authority (NEDA) and Department of Trade and Industry (DTI) said. In a briefing conducted by DTI and NEDA on continue reading : Joint media release of NEDA-DTI on the Senate Regional Comprehensive Economic Partnership (RCEP) agreement briefing

Seamless trade, policy continuity seen with accession to RCEP

Manila, Philippines – The Department of Trade and Industry (DTI) emphasized the key role of free trade agreements such as the Regional Comprehensive Economic Partnership (RCEP) agreement will play in lowering rising prices within the region at a webinar hosted by the Economic Journalists’ Association of the Philippines (EJAP) last 11 May 2022. DTI Assistant continue reading : Seamless trade, policy continuity seen with accession to RCEP

RCEP to strengthen economic integration in the region

Manila, Philippines – The Department of Trade and Industry (DTI) emphasized the key role that the Regional Comprehensive Economic Partnership (RCEP) agreement will play in furthering cooperation and trade within the region at a forum hosted by the Association for Philippines-China Understanding (APCU) last 21 April 2022. The forum was attended by APCU members composed continue reading : RCEP to strengthen economic integration in the region

Trade liberalization in agriculture very limited in RCEP

Manila, Philippines – To further support its priority to seek ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement the Department of Trade and Industry (DTI) clarified anew common misconceptions on RCEP as posed by some group of farmers. According to Assistant Secretary Allan B. Gepty, it is not correct to say that agricultural products continue reading : Trade liberalization in agriculture very limited in RCEP

International Trade Forum

DTI highlights anew the importance of Philippine participation in RCEP

Manila – The Department of Trade and Industry (DTI) hosted the “International Trade Forum: The Importance of Philippine Participation in the Regional Comprehensive Economic Partnership (RCEP) Agreement” last 6 April 2022 via Zoom. The forum was organized to continue the dialogue between experts from the government, academe, and the legislative to discuss the economic benefits continue reading : DTI highlights anew the importance of Philippine participation in RCEP