MANILA (Reuters) - The Philippines has signed a free trade deal with South Korea, its president said on Thursday, completing four years of negotiations ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSMANILA - The Philippines has signed a free trade deal with South Korea, its president said on Thursday, completing four years of negotiations between the countries on trade and investment ties.
Philippine President Ferdinand Marcos Jr, who was in Jakarta for the Association of Southeast Asian Nations summit, announced the signing of the deal in a video message on his YouTube page. He said the signing was"a testament to the realization of the many opportunities for complementation and collaboration between the Philippines and the South Korea and an even greater milestone for our economic friendship".
Marcos did not provide details about the agreement, but the Philippines' Department of Trade and Industry has said previously that it should give Manila improved market access for a wide range of goods, including agricultural products such as bananas. In 2022, the Philippines exported $3.12 billion worth of goods to South Korea, making it the country's seventh-largest export market.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippines says it signs free trade agreement with South KoreaMANILA (Reuters) - The Philippines has signed a free trade deal with South Korea, its president said on Thursday, completing four years of negotiations ...
Read more »
South Korea's Yoon says any attempt to cooperate militarily with North Korea must stopSEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that ...
Read more »
South Korea's Yoon says any attempt to cooperate militarily with North Korea must stopSEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that ...
Read more »
South Korea's Yoon says rules-based order crucial in South China SeaSEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Thursday any attempts to change the status quo by force in the South China Sea cannot be ...
Read more »
South Korea's Yoon says rules-based order crucial in South China SeaSEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Thursday any attempts to change the status quo by force in the South China Sea cannot be ...
Read more »
U.S., South Korea, Japan agree to accelerate missile tracking cooperationSEOUL (Reuters) - Defence chiefs from the U.S., South Korea and Japan on Thursday jointly condemned North Korea's recent test of missiles and agreed to ...
Read more »