Senator Robin Padilla also pushes to suspend excise taxes on fuel.
“The Philippines requires a long-term strategy to resolve its oil dependency from foreign sources as the country is vulnerable to the negative effect of the skyrocketing oil prices dictated by the world market’s reaction to the Russia Ukraine conflict,” Senate Resolution No. 6 read.
The former actor-turned Senator said that restarting the terminated talks has presented “no derogation of the Philippines’ assertion of its sovereign rights in the WPS.”
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