How are Firms Responding to Philippine Free Trade Agreements?
Published By: Philippine Institute for Development Studies | Published Date: March, 01 , 2015The Philippines has been more cautious in its policy toward free trade agreements (FTAs) than other ASEAN member-states, having signed, so far, only one bilateral agreement with Japan in addition to the various ASEAN+1 agreements. While the government is expected to progressively reduce preferential tariffs to zero, Philippine firms have historically been slow to take advantage of FTAs. This survey reaffirms that this awareness and the usage of FTAs need significant improvement among both manufacturing and services sector firms.
Author(s): Rafaelita M. Aldaba | Posted on: Jul 20, 2015 | Views() | Download (714)