Archive for the ‘Free Trade Agreements’ Category

In a forward-looking move to enhance international trade and economic resilience, the European Union (EU) and the United Arab Emirates (UAE) have officially agreed to launch negotiations for a Free Trade Agreement (FTA). This milestone comes at a crucial time, as countries worldwide reassess trade strategies in light of recent tariff adjustments introduced by the […]

The forthcoming trade agreement between the Philippines and South Korea is set to create new opportunities for the Philippine banana industry. Starting on January 1, 2025, the agreement will reduce tariffs on bananas, making the country’s exports more competitive in the South Korean market.   Trade Secretary Ma. Cristina Roque highlighted the potential benefits during […]

The anticipated free trade agreement (FTA) between the Philippines and South Korea is expected to provide a moderate increase in textile exports from the Philippines. According to Robert Young, President of the Foreign Buyers Association of the Philippines (Fobap), the country exported approximately $50 million worth of mixed apparel to South Korea in 2023.   […]