The Department of Trade and Industry (DTI) would like the United States government to consider a partnership with the Philippines on critical minerals processing for potential complementation in the electric vehicle (EV) ecosystem. ManilaBulletin
This was raised by DTI Secretary Alfredo E. Pascual who met with USTR Ambassador Katherine Tai last April 17 during her visit here.During the meeting, Pascual noted of the recently signed Critical Minerals Agreement between the United States and Japan. Pascual enjoined Ambassador Tai to consider a similar partnership with the Philippines given the potential complementation between both countries.
Pascual explained that the proposed minerals processing partnership between the two countries is in addition to a possible free trade agreement and the reauthorization of the US Generalized System of Preferences to pursue deeper cooperation on critical minerals processing with the United States. The agreement builds on the 2019 US-Japan Trade Agreement and will strengthen and diversify critical minerals supply chains and promote the adoption of electric vehicle battery technologies.
remedying violations of labor rights at entities connected to critical minerals supply chains; and promoting employer neutrality in union organizing and operations.At present, the trade and economic engagements between the Philippines and the US are facilitated through multiple mechanisms. It includes Trade and Investment Framework Agreement , Bilateral Strategic Dialogue , Indo-Pacific Economic Framework for Prosperity , and the Asia-Pacific Economic Cooperation .
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