The Department of Trade and Industry (DTI) said it is optimistic on negotiating a “next-generation” trade agreement with the US that will not only expand market access but also ensure higher standards of labor rights,among others.
The Department of Trade and Industry said it is optimistic on negotiating a “next-generation” trade agreement with the US that will not only expand market access but also ensure higher standards of labor rights,among others.
This includes exploring a potential bilateral free trade agreement , while “advocating” for the reauthorization of the Generalized System of Preferences, and pursuing the establishment of a critical minerals agreement. The DTI secretary made these pronouncements during the Parliamentary Intelligence-Security Forum on February 4 as she also emphasized the Philippines’ push towards a “more integrated, resilient, and sustainable Indo-Pacific region.”
She underscored further, “We are not merely participants in this transformation—we are leading the charge.”
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