Federation of Philippine Industries, Inc. (FPI)

FPI supports RCEP, joins call for the Agreement’s Senate concurrence

MANILA, Philippines – Federation of Philippine Industries, Inc. (FPI) through their letter dated 24 January 2022 to the Senate extends their support for the country’s participation to the  Regional Comprehensive Economic Partnership (RCEP) Agreement, and seeks the Senate’s immediate concurrence. According to FPI Chairman Dr. Jesus Lim Arranza, “We believe that the Philippines will immensely continue reading : FPI supports RCEP, joins call for the Agreement’s Senate concurrence

Foreign Secretary Teodoro Locsin Jr. and Trade Chief Ramon Lopez at the RCEP signing video conference

Joint Foreign Chamber joins the call for RCEP Senate concurrence

MANILA, Philippines – The Joint Foreign Chambers (JFC) urged the Senate to concur the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Monday, 24 January 2022. The JFC is a coalition composed of the American, Australian-New Zealand, Canadian, European, Japanese, Korean chambers of commerce, and the Philippine Association of Multinational continue reading : Joint Foreign Chamber joins the call for RCEP Senate concurrence

PH seen as investment hub under RCEP, Japanese Chamber urges Senate to concur ratification

MANILA, Philippines – The Japanese Chamber of Commerce and Industry of the Phils. Inc. (JCCIPI) joined calls for the Philippine Senate’s immediate concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Monday, 24 January 2022. The chamber stressed that ratifying RCEP would increase economic activity and help the economy recover from continue reading : PH seen as investment hub under RCEP, Japanese Chamber urges Senate to concur ratification

Tuna Canners and Canned Sardines

Tuna Canners and Canned Sardines groups join calls for Senate’s RCEP concurrence

MANILA, Philippines – Tuna Canners Association of the Philippines (TCAP) and the Canned Sardines Association of the Philippine (CSAP) joined the call of business groups and associations nationwide for the Senate’s concurrence of the Regional Comprehensive Economic Partnership (RCEP) Agreement. TCAP and CSAP Executive Director Francisco Buencamino, through letters for Senate Majority Leader Juan Miguel continue reading : Tuna Canners and Canned Sardines groups join calls for Senate’s RCEP concurrence

Garments industry calls for Senate’s concurrence of RCEP

MANILA, Philippines – The garments industry in the Philippines calls for the Senate concurrence of the Regional Comprehensive Economic Partnership (RCEP) Agreement to sustain opportunities for the sector. The Confederation of Wearables Exporters of the Philippines (CONWEP) and its affiliate, the Coalition of Philippine Manufacturers of PPE (CPMP), noted that the RCEP Agreement is already continue reading : Garments industry calls for Senate’s concurrence of RCEP

ANZCHAM calls for Senate concurrence of RCEP

The Australian-New Zealand Chamber of Commerce Philippines (ANZCHAM), called for the Philippine Senate’s concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Friday, 21 January 2022. “As an organization representing businesses with strong ties to countries that have already ratified the RCEP (Australia and New Zealand), we understand that the Philippines, continue reading : ANZCHAM calls for Senate concurrence of RCEP

DTI bats for Senate concurrence of RCEP, warns on impact of delay in ratification on the economy

The Department of Trade and Industry (DTI) Secretary Ramon M. Lopez reiterated its call for the immediate Senate concurrence of the Regional Comprehensive Economic Partnership (RCEP) Agreement citing not only its benefits, but the potential negative impact on the economy should the Philippines’ ratification be delayed to the trade pact. Sec. Lopez highlighted that the continue reading : DTI bats for Senate concurrence of RCEP, warns on impact of delay in ratification on the economy

Business sector calls for immediate Senate concurrence of RCEP

During various engagements and on several platforms, business associations, and private sector stakeholders called for the Senate’s immediate concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement. Exporters warned that a delay in ratifying the RCEP agreement risked the Philippines missing out on a massive export market. In a phone interview with BusinessWorld, Philippine Exporters continue reading : Business sector calls for immediate Senate concurrence of RCEP

blue-red-cargo-ship

Economists and international organizations highlight gains of RCEP

Manila, Philippines — With the Regional Comprehensive Economic Partnership (RCEP) Agreement set to enter into force on 1 January 2022, securing Senate concurrence to the ratification of the Agreement becomes more urgent for the Philippines. Many economists and international organizations have already expressed views on the value and importance of the RCEP Agreement to the continue reading : Economists and international organizations highlight gains of RCEP

PH to benefit from RCEP Agreement through 4Cs: cheaper cost, convenience, competitiveness, and complementation

Manila, Philippines – An online public hearing for the Regional Comprehensive Economic Partnership (RCEP) Agreement was conducted by the Senate Committee on Foreign Relations (CFR) last 29 October 2021. The hearing was led by Sen. Koko Pimentel, Chairperson of the CFR and attended by representatives from the government, academe, private sectors, and civil society organizations. continue reading : PH to benefit from RCEP Agreement through 4Cs: cheaper cost, convenience, competitiveness, and complementation