EU commits 6.1-m euros in trade assistance to Philippines

The European Union (EU) has committed some 6.1 million euros to the Philippines under phase four of the trade-related and technical assistance project.

EU Ambassador to the Philippines Franz Jessen on Tuesday, March 28, confirmed this during the closing ceremony of the TRTA-3 in Pasig City.

The EU envoy said that the support under TRTA-4 will be for the next four years.

The EU and the Philippines started the TRTA in 2005.

The TRTA-3, which ran from 2014 to 2017, has focused on trade policy, competition policy, national quality infrastructure, sanitary and phytosanitary conformity, and trade facilitation.

It also supported activities of various government agencies such as the Department of Trade and Industry’s Philippine export development plan and the training and capacity building for staff of the Department of Agriculture, Food and Drug Administration, Department of Justice’s Office for Competition, and the Bureau of Customs.

Under the TRTA-3, the Philippine rapid alert system for food and feed was launched.  (From Philippine News Agency)