MANILA, Feb. 10 (PIA) — Philippine products and services are bound to reach an even wider international market once the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) is ratified. “The TFA enables streamlined, transparent, and efficient customs procedures which would result to a more conducive trading environment for business, and reduce prices for consumers and producers,” said Department of Trade and Industry (DTI) Secretary Adrian S. Cristobal Jr. “The procedures and provisions in the TFA establishes a more efficient […]
Tag: WTO
Preparing the Philippines for the ASEAN Economic Community 2015
(Eagle News Service) — Starting 2015, the whole ASEAN region will be moving towards the ASEAN economic community (AEC) wherein there will be a single market economy with free movement of goods, services and investments throughout the 10-member nations of the ASEAN. It would be the culmination of the regional grouping’s economic efforts since the 1990s. There are two conflicting views emerging in the Philippines on whether or not the country is ready for economic […]
WTO deal blocked by India’s demand
There was frustration and disappointment when a slated World Trade Organization (WTO) reform package was blocked by India’s demand for amendments.





