President Marcos is hoping to conclude negotiations for a free trade agreement between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU.
MANILA, Philippines — President Marcos is hoping to conclude negotiations for a free trade agreement between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU.
The Philippines and the EU are looking to resume formal negotiations for an FTA in the early part of the second half of the year, the Department of Trade and Industry earlier said. He said the FTA is more than just an agreement but a symbol of the Philippines and the EU’s shared vision for a future of prosperity and collaboration.
He also cited the Green Lanes Initiative for Strategic Investments aimed at streamlining the process of investment approvals for strategic projects.
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