MANILA, Philippines – Agriculture Secretary Arthur C. Yap said yesterday that the Philippines well do well to delay by five years the ASEAN Free Trade Agreement (AFTA) which is scheduled for implementation next year.
In an interview with newsmen, Yap said a five-year delay “may be… good… because of the recession.”
Yap pointed out that there are so many “instabilities” that make it difficult to project commodity prices and even farm inputs such as fertilizers.
He also noted that uncertainties continue to affect the global economic recovery with “the stimulus and rescue packages not even determined.”
Furthermore, Yap observed that “the West… Japan and China have not shown any signs of recovery at all.”
Thus “this is not the time to go head on and destabilize the system by unbridled trade flows,” he added.
Yap pointed out that Trade and Industry Secretary Peter Favila, has made representations to other ASEAN countries for the temporary suspension of the full implementation of AFTA by 2010.
“Secretary Favila has already said that he will make representations.We will await the results of that. We’re waiting for a suspension of the full implementation because of the recession and Sec Favila has already agreed to that. That is also my position.” –Marianne v. Go, Philippine Star
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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