News Flash

September 01, 2015, Tuesday
  • Missing mountaineer in Tarlac found dead. about 1 hour ago |
  • Two bodies recovered from a landslide in Benguet. about 1 hour ago |
  • Senate approves bill exempting Persons with Disabilities (PWDs) from paying 12% VAT. about 1 hour ago |
  • Baler RTC Judge Jude Erwin Alaba shot and killed in an ambush in Baler, Aurora. 2 hours ago |
  • 1 woman & 2 men shot in an ambush on Tuesday at about 8 pm along Katipunan Ave. at the boundary of White Plains & St. Ignatius Village QC. 2 hours ago |
  • Ombudsman Morales says she’ll decide in 1 month if a case may be filed vs. Abad & other gov’t ofcls. over DAP. 7 hours ago |
  • Ombudsman Morales reveals she has started a probe on the role of Pres. Aquino, DBM Sec. Abad & other gov’t officials on DAP. 7 hours ago |
  • MMDA collects at least 10-truckloads of trash from EDSA-Shaw Boulevard following INC’s rally in the area. 7 hours ago |
  • One Dream Pres. Arnel Gacer fails to show up at DOJ preliminary investigation on syndicated estafa case filed against him. 7 hours ago |
  • Coloma says the Ombudsman may launch a probe into any issue like DAP but the President is immune from any suit. 7 hours ago |
  • Atty. Renato Bondal says P 127M in professional fees alone was paid by PHEI to STI from 2006 to 2015. 7 hours ago |
  • Lawyer Renato Bondal says the Phil. Health Educators (PHEI) was established in 2003 to take money from Makati’s school system. 7 hours ago |
  • Lawyer Renato Bondal sues VP Binay & Makati Mayor Binay for alleged anomalous deal between University of Makati (UMak) & STI. 7 hours ago |
  • Atty. Renato Bondal files plunder & graft charges vs. VP Jejomar Binay & suspended Makati Mayor “Junjun” Binay. 7 hours ago |
  • Pro-environment group holds protest at Japanese Embassy in Pasay City to condemn massive dolphin-hunting in Japan. 10 hours ago |
  • Local gov’t offers P 50K reward for the arrest of the killers of a 10-year-old girl in Tanay, Rizal. 10 hours ago |
  • Thousands of fishermen expected to troop to Luneta on Wednesday to protest the amended Fisheries Code. 10 hours ago |
  • Ombudsman to file a motion for reconsideration at SC after it granted Sen. Juan Ponce Enrile’s petition to post bail. 10 hours ago |
  • Weather forecasters say about two to four storms will hit PH in September. 11 hours ago |
  • Maynilad & Manila Water warn of water supply interruptions in some areas in NCR with the onset of El Nino. 11 hours ago |
  • Some fishermen complain the Amended Fisheries Code contains too many restrictions. 11 hours ago |
  • Comelec reminds OFWs that the deadline for their registration is on October 12. 11 hours ago |
  • Comelec lengthens voter registration days from Monday to Saturday and on holidays. 11 hours ago |
  • 12-year-old girl dies in fire that hit their home in Sitio Masikap, Quezon. 11 hours ago |
  • Search on for mountaineer swept away by strong waves while crossing a creek in San Jose, Tarlac. 11 hours ago |
  • Landslide hits Villaviciosa town in Abra forcing at least 166 families to flee their homes. 11 hours ago |
  • Expelled INC Min. Isaias Samson Jr. asks gov’t what deal it struck with INC that supposedly ended its 5-day rally. 11 hours ago |
  • Justice Sec. Leila de Lima back at work at DOJ and says she has no plans of resigning. 11 hours ago |
Advertisement

United Kingdom makes a strong pitch for PH-EU free trade

By Sara Susanne D. Fabunan | Sep. 27, 2013 at 12:01am
THE British Embassy in Manila on Thursday pushed for the signing of a free trade agreement between the Philippines and the European Union, saying that could boost each other’s economies.

The United Kingdom, a member of the 27-member bloc, supported the first in a three-series Southeast Asian trade forums “that seek to help small and medium enterprises benefit from trading arrangements,” which was held at the Asian Institute of Management.

The second and third sessions of the forum will be happening in Indonesia and Thailand.

During the forum, British charge d’affaires Trevor Lewis noted how the project could help small and medium enterprises “raise the utilization of existing concessions with its FTA partners to boost the country’s gains from global trade.”

The project supports the UK’s continued work to ensure SMEs develop and maintain trade and investment openness, a statement from the embassy said.

Studies have shown that there is a 20-percent increase in trade openness that translates into a 4-percent increase in per capita income.

Lewis said the UK was looking forward to starting trade negotiations with the Philippines.

Some members of the Association of Southeast Asian Nations have already signed “or are close to signing” an FTA with the EU.

Asean is composed of the Philippines, Singapore, Indonesia, Malaysia, Vietnam, Thailand, Laos, Cambodia, Myanmar and Brunei.

The FTA will open doors for zero tariff and lower taxes on the products traded between Manila and EU nations.

The Philippines has been talking with the EU on the establishment of a free trade agreement, but there have been no positive signs to the talks that have been going on for years.

Ambassador Donald Dee, the chairman of the Universal Access to Competitiveness and Trade, which supported the forum at the AIM, enumerated the opportunities that an FTA can open for small and medium enterprises in the country.

A representative from the Tariff Commission and Customs, on the other hand, discussed “the simplified, step-by-step procedure on how exporters should apply for tariff rulings to determine their product classification and how to apply for a Certificate of Origin that is necessary when availing oneself of FTA preferential tariffs.

Lewis said the focus on small and medium enterprises was “deliberate” because the project aimed to help these businesses “ride the waves of high economic growth.”
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by MST.ph. Comments are views by manilastandardtoday.com readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandardtoday.com. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with MST.ph editorial standards, MST.ph may not be held liable for any false information posted by readers in this comments section
comments powered by Disqus

In This Category

Want Updates?

Be the first to know on what is latest from MST.ph, simply enter your email below to get started. We don’t spam dont worry!

Advertisement