Alec Sarner

All League Offensive Lineman – Center

Eu Philippines Free Trade Agreement

The agreement also provides for tariff concessions for both agricultural commodities and processed agricultural products in the bilateral annexes VIII to X of the agreement. Specific provisions to facilitate trade in fish and other seafood are contained in a separate annex of the trade chapter (Annex V). The agreement contains provisions to remove export duties, but the Philippines has maintained the possibility of these tariffs for the protocols, as indicated in Schedule IV. The EU works closely with ASEAN as a whole. Cooperation will be maintained through the EU-ASEAN dialogue, which includes discussions on trade and investment issues between ministers and senior economic officials. The Delegation stated that the priority of trade relations at present was the proper implementation of several UN conventions, including those on human rights, a condition of a trade advantage that it extends to trading partners. After the European Union (EU) did not interrupt further talks on the proposed bilateral free trade agreement with the Philippines, it said on Friday that it had prioritised the EU`s Generalis System of Preference Plus as a platform for cooperation and trade relations with the Duterte government. The European Union delegation to the Philippines said that the next round of negotiations for a free trade agreement would take place “if the conditions are right,” without explaining why there has been no progress since the last round of negotiations two years ago. But apart from the CPA, there has been no agreement on the opening of a round of bilateral free trade negotiations. More information on eu-Philippine trade and investment negotiations, including the texts and circular reports proposed by the European Union “Given the changing situation in the country for the European Union, the priority given to trade relations between the EU and the PH is currently the correct implementation of the 27 UN human rights conventions , workers` rights, the environment and good governance, which are part of the EU`s GSP programme.” he added.

Negotiations for a trade and investment agreement between the EU and the Philippines began on 22 December 2015. The aim is to conclude an agreement covering a wide range of issues, including tariffs, non-tariff barriers, trade in services and investment, as well as the trade aspects of public procurement, intellectual property, competition and sustainable development. The parties recognize that economic development, social development and environmental protection are interdependent. In Chapter 11, they reaffirm their commitment to multilateral contracts and principles in the environment and work and commit to a level of protection by recognizing the right of each party to set its own level of environmental and labour protection. Arbitration procedures do not apply to this chapter. The Philippines has been a member of the WTO since 1995 and enjoys enhanced trade preferences with the EU under the EU Plus Generalised Preference System (GSP). Ensuring better access for EU exporters to the dynamic ASEAN market is an EU priority. Negotiations for a trade and investment agreement between the region and ASEAN began in 2007 and were interrupted by mutual agreement in 2009 to relax a bilateral negotiating format. Intellectual property protection provisions (Chapter 8 and Appendix XVIII) include trademarks, copyrights, patents and geographical indications, and include provisions for respect for intellectual property rights and cooperation between the parties. These provisions are based on the WTO agreement on trade-related aspects of intellectual property rights (TRIPS) and provide for a high level of protection, taking into account the principles of the most favoured nation and national treatment. The trade advantage is called the preferred system

December 8, 2020 - Posted by | Uncategorized