The automotive parts and electronics sectors in the Philippines might see a receptive market in the European Free-Trade Association (Efta) countries should the country pursue a free-trade agreement (FTA) with the European bloc, Trade Secretary Gregory L. Domingo said on Monday.
“Although maliit lang ang markets doon, they could be additional markets for our electronics and auto-parts products,” Domingo said, referring to the Efta bloc—composed of Norway, Switzerland, Iceland and Lichtenstein.
With the declaration of economic cooperation set to be signed with Efta in June, the trade chief said they were studying specific benefits and sectors that a possible FTA could bring to both parties.
After the signing, preparations for negotiations would start, Domingo said. Undersecretary Adrian S. Cristobal Jr. confirmed earlier that a joint Philippines-Efta feasibility study would be undertaken after the signing of the cooperation agreement.
On the part of the Philippines, Domingo said local industries would be able to get access to high-technology items.
“This agreement encourages them to bring their higher-technology products to the Philippines to help our industries,” Domingo said. –Catherine N. Pillas, Businessmirror
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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