New friends, markets vital to a new world

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The story "New friends, markets vital to a new world" was covered 1 days ago by Business Mirror, a news publisher based in Philippines.

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New friends, markets vital to a new world - Business Mirror

Quick Summary:

AMID the rise in trade-restrictive measures and geopolitical uncertainties, the Philippines is ramping up its efforts to forge more free-trade agreements (FTAs) to expand its market access and diversify markets beyond traditional partners.

According to the Asean website, “Asean, under the chairmanship of the Indonesia Competition Commission (KPPU), has successfully concluded the negotiation with China on the Competition and Consumer Protection Chapter of the ASEAN-China Free Trade Agreement (ACFTA).

However, at a recent briefing with reporters, Roque said that while the Philippine trade negotiating team is “on the last stages of negotiations” already, she divulged that the trade deal with the Middle Eastern country is still being “ironed out a little bit.“There’s really no delay [in the UAE CEPA].