Latest Breaking News On - Senator loren legarda file photo manila senate president pro tempore on wednesday cited the significant gains of country 39s economy since free trade agreement fta with european association efta in last five years - Page 1 : comparemela.com

Senator Loren Legarda(File photo) MANILA-Senate President Pro Tempore Loren Legarda on Wednesday cited the significant gains of the country's economy since the free trade agreement (FTA) with the European Free Trade Association (EFTA) in the last five years. Legarda, chair of the Committee on Foreign Relations, said the Philippines has maintained its strong foothold in the European market since the enforcement of EFTA in 2018. EFTA states are Switzerland, Norway, Iceland, and Liechstenstein. "Given the current developments with our cooperation with EFTA states, I am confident that the partnership would be beneficial to our economy. The preference utilization rate of the Philippines continues to improve, from 30 percent in 2019 to 31 percent in 2020 as per the Department of Trade and Industry (DTI)," Legarda said in a statement. From 2018 up to the third quarter of 2022, the Department of Trade and Industry (DTI) said the Investment Promotion Agencies (IPA)-approved Swiss

Ceferino rodolfoKarin bchelSwiss state secretariat for economic affairsJapan economic partnership agreementCommittee on foreign relationsEuropean free trade associationSenate president pro tempore loren legardaForeign relationsInvestment promotion agenciesJoint committeeSwiss state secretariatEconomic affairsPhilippines japan economic partnership agreementSenator loren legarda file photo manila senate president pro tempore on wednesday cited the significant gains of country 39s economy since free trade agreement fta with european association efta in last five yearsHair of the committee on foreign relationsAid the philippines has maintained its strong foothold in european market since enforcement of efta 2018 states are switzerland