Efta to benefit auto-parts, electronics sectors in PHL

Published by rudy Date posted on May 14, 2014

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

April 2025

World Day for Safety and Health at Work
“Safety and health at work every day!”

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 #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:

March – Women’s Role in History Month
April – Month of Planet Earth

Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week

Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work

Trade Union Solidarity Campaigns

No to Trafficking

Jobs! Jobs! Jobs!

Categories