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
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
