PROSPECTIVE EU-PHILIPPINES FTA’S IMPACT ON GARMENT EXPORTS STILL WRITTEN IN THE STARS
February 18th, 2024
Six months after the European Union (EU) and the Philippines announced their intention to explore relaunching negotiations for a free trade agreement (FTA), observers in this south-east Asian outsourcing hub are optimistic that the FTA will be realised. But they are prepared to haggle, seeing the impact on Philippines on garment exports as depending on the detailed agreed text. For example, Robert M Young, president of the Foreign Buyers Association of the Philippines, told Just Style that while the revival of the FTA trade deal talks is welcome news, the rules ...
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