President Marcos Jr. expects the Philippines-South Korea FTA ratification this year, lowering tariffs for Filipino products in South Korea.
President Marcos Jr. expects the Philippines-South Korea Free Trade Agreement (FTA) to be ratified this year, which would lower tariff rates for Philippines products in the South Korean market. The FTA was signed in September and needs Senate ratification to take effect. Once implemented, it could benefit Philippine products such as avocados, bananas, and processed pineapples with better market access in South Korea.
May 03, 2024
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