Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country.
Data from the Norwegian embassy showed that Philippine exports to Norway rose by 23.4 percent to 694.62 million NOK in 2022 from 562.99 million NOK in 2021.
On the other hand, shipments from Norway jumped by 48.8 percent to 920.65 million NOK in 2022 from 618.48 million NOK in 2021.The FTA between the Philippines and EFTA composed of Iceland, Liechtenstein, Norway and Switzerland, covers trade in goods, services, investments, intellectual property, government procurement, competition and sustainable development.
“There’s too many steps to actually get up and running and sometimes it’s not very transparent,” he said. For only P399: Elevate your skincare routine with your favorite serum brands at Watsons' Online Sale on April 26
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