ASEAN’s full economic integration two years from now should be a compelling reason for the Philippines and EU to finally enter into a free trade agreement before 2015, the European Chamber of Commerce of the Philippines (ECCP) said.
Business groups have urged Congress to enact business and economic bills that are in very advanced stages in the legislative process.
Throughout 2012, I had occasion to visit ASEAN countries, Europe, South Africa and the United States. I am pleased to confirm that business groups abroad are very positive about the Philippines. They commend the President’s desire to remove corruption at all levels. They perceive the impeachment of the Chief Justice and the President’s stance on Reproductive Health as an indication of strong leadership. In 2013, they anticipate positive policy initiatives in the economic field.
The Local Water Utilities Administration (LWUA) will actively promote the public-private partnership scheme support its various water supply development projects in the countryside up to the end of the Aquino administration in 2016 which would entail a total capital investment of more than P9 billion.
The European Chamber of Commerce of the Philippines (ECCP) said the law still does not clarify excise taxes for spirits pursuant to a directive from the World Trade Organization (WTO).
A review of the Constitution’s economic provisions has fallen in priority for the Aquino administration, with a Palace official claiming the private sector was of the view that ownership limits were not a significant barrier to investments.
The European Chamber of Commerce of the Philippines said a free trade agreement between the Philippines and European Union can be sealed within the next three years.
ANNOUNCEMENT: Please be informed. Malacana...
The 15th Congress ended its session for the year approving five priority bills since it opened last July, with business groups still looking forward to the passage of a key reform measure.
European businessmen in the country have committed to play an active role in creating a bridge between the Philippines and European Union (EU) so they can come to terms and conclude their proposed bilateral free-trade agreement (FTA) in three years.
Manila, Philippines - The Philippines has assured the European Union (EU) that it is committed to resolve the air safety ban it imposed on Philippine carriers and the country’s compliance with the Standards of Training, Certification and Watchkeeping (STCW) involving Filipino seafarers.
Estonia and Bulgaria were the first countries to ratify the recent trade agreement reached between the Philippines and the European Union, with the Philippines expected to follow suit soon.
Serving the European-Philippine business community since 1978, the ECCP remains committed to enabling cross-sector collaboration, promoting economic growth, and championing a sustainable future. For inquiries or further information, you may contact us directly or connect with us through our official social media channels.