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PH EU launch negotiations for FTA
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Department of Trade and Industry

Press Release

Manila 22 December 2015

The Philippines and the EU launch negotiations for a free trade agreement

 

Philippine Secretary of Trade and Industry Gregory Domingo and EU Trade Commissioner Cecilia Malmström today agreed to start negotiations for a Philippines-EUfree trade agreement (FTA).

Both sides share the ambition to conclude an agreement that covers a broad range of issues, including elimination of customs duties and other barriers to trade, services and investment, access to public procurement markets,as well as additional disciplines in the area of competition and protectionof intellectual property rights. The prospective agreement will also include a comprehensive chapter that will ensure that closer economic relations between the Philippinesand the EUgo hand in hand with environmental protection and social development.

"EU is one of the country's largest trading partner and investment source. We would like to lock in the duty-free market access we obtained through the EU GSP-plus last year and expand this preferential access to substantially all the traded products to EU. As with our recent experience with GSP-plus, we are optimistic that investments will start to come in with improvements in market access" said Secretary Domingo. He added that "With improved market access and greater opportunity for investments, supported by commitments on sustainable development, we are confident that this FTA will contribute to the country's objective of creating decent jobs".

The first round of negotiations is expected to take place in the first half of 2016 in the Philippines.

Background

The Philippines is one of the 10 members of the Association of South East Asia (ASEAN), as well as the 5th largest economy in the region and the 2nd biggest market in ASEAN. It is also the 5th country of theASEAN to start negotiations for a bilateral free trade agreement with the EU.

Taken as a whole, ASEAN ranks as the 8th economy in the world and the EU's 3rd largest trading partner outside Europe, after the United States and China. Bilateral trade in goods and services between the EU and ASEAN reached PHP13trillionin 2013.

Negotiations for a region-to-region FTA with ASEAN were launched in 2007 and paused in 2009 to give way to a bilateral format of negotiation.These bilateral FTAs were conceived as building blocks towards a future region-to-region agreement. So far, the EU has completed bilateral agreements with Singapore (2014) and Vietnam (2015).

EU is the Philippines' fourth largest trading partner with bilateral trade amounting to PHP 738 billion. On the other hand, the Philippines is EU's 6th largest trading partner in ASEAN and 44th worldwide. The Philippines' main exports to the EU were office and telecommunication equipment (45%), machinery (15%), food products (12.5%), and optical and photographic instruments (11%).Philippines'imports from the EU were  transport equipment (31%), machinery (15%), food products (13%), chemicals (11.5%), and electronic components (11%).

The trade in services between the EU and the Philippines was worthPHP 169 billion in 2013.

The EU is also the largest foreign investor in the Philippines, with a foreign direct investment stock in the country of over PHP 366 billion.

The Philippines-EU relation is governed today by the Partnership and Cooperation Agreement signed in July 2012. The Philippines has been also benefitting since the end of 2014 from the enhanced trade preferences granted by the EU underthe Generalised Scheme of Preferences (GSP)-plus.

 


 

Philippine Embassy in Brussels

 

297 Avenue Moliere, 1050 Brussels
E-mail: consular.brusselspe@gmail.com

Consular matters: (+32) 02 340 33 73 
Consular matters: (+32) 02 340 33 74

Trunkline: (+32) 02 340 33 77 to 78

Fax Number: (+32) 02 345 64 25
Duty Officer: (+32) 0488 609.177
E-mail: brusselspe@gmail.com

Hours

Operating Hours of the
Consular Section

- Assessment and processing of application for a travel document is from 9:00 a.m. to 3:00 p.m.

- Mondays to Fridays (except Belgium & Philippine declared holidays)

Note: Applicants should come appropriately attired.

 

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HOLIDAYS

In view of the observance Philippine and Belgian holidays, the Embassy will be closed to the public on the following days:

  • 01 May 2017, Monday - Labor Day
  • 25 May 2017, Thursday - Ascension Day
  • 05 June 2017, Monday - Whit Monday
  • 12 June 2017, Monday - Philippine Independence Day

For urgent matters, please call the Embassy's Duty Officer Phone: 0488-609-177. Thank you.

 

2017 Declared Holidays

Trade & Investment Center

Jose Antonio S. Buencamino

Commercial Counselor
Avenue Louise 207, Bte 5B, 1050
Brussels, Belgium View Map
Tel: +32 2 649.44.00 / 649.89.48
Fax: +32 2 649.89.40
E-mail: brussels@dti.gov.ph
Web: www.dti.gov.ph

 

 

 

cons

 

ANTWERP

PETER VAN BOGAERT
Consul General, a.h.

Venneborglaan 90, 2100 Deurne, Antwerp
E-mail: pb.vanbogaert@skynet.be
E-mail: aguansing@skynet.be
Tel No./Fax (03) 325.71. 16

LUXEMBOURG

ALAIN KINSCH
Consul General, a.h.

New Ernst & Young Bldg.35E Avenue John F. Kennedy 2L-1855 Luxembourg
Tel. No. (+352) 42 124 8444
(+352) 42 124 84 06 
Email: alain.kinsch@lu.ey.com

 

 

Agricultural Office

Jose I.C. Laquian

Agricultural Attaché
Tel:  +(32) 02 340 37 90 
Fax: +(32) 02 343 02 69
E-mailagribxl@gmail.com
For more information on the Philippine agricultural sector, please visit the following website: www.da.gov.ph

 

OV and other Advisories

GUIDELINES ON THE AVAILMENT OF AWARDS AND INCENTIVES FOR OVERSEAS FILIPINO CENTENARIANS UNDER R.A. 10868 AND ITS IMPLEMENTING RULES AND REGULATIONS

 

PUBLIC ADVISORY ON DELAYS IN RELEASE OF PASSPORTS

The Department of Foreign Affairs requests the public's kind understanding on the ongoing delays in the release of passports. These delays are due to technical issues on the part of the company printing the passports.

Those with immediate travel plans are advised to wait until their passports are released before confirming their flights.

Please  be  assured  that  the  Department  is  exerting  all  efforts  to  ensure  the resumption of normal services as soon as possible.

OV MATTERS

List of OV in Belgium and Luxembourg whose registration will be deactivated by the RERB in OFOV for failing to vote in the last two consecutive elections (2013 and 2016).

List of Printed IDs of Voters registered in Belgium recently received from COMELEC (available at the Embassy)

List of Printed IDs of Voters registered in Luxembourg recently received from COMELEC (available at the Embassy)

INFOMERCIAL:   REGISTER AND VOTE

Notice of Hearing

 

 

 

 

 

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