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PH bananas want to regain market share in Japan

File photo MANILA - The Philippine government is asking Japan to set the next general review of its free trade agreement (FTA) as the country has offensive interests in agriculture. In an interview with trade reporters, Special Trade Representative Dita Angara-Mathay said tropical fruit growers in Mindanao are batting for the removal of seasonal tariffs for Philippine bananas and pineapple entering Japan. According to the Department of Trade and Industry (DTI), imported bananas from the Philippines are slapped with an 18 percent tariff during the winter season and an 8 percent tariff during summer in Japan under the Philippines-Japan Economic Partnership Agreement (PJEPA). Angara-Mathay said Philippine bananas are losing market share in Japan to bananas from Ecuador and Peru, as bananas from these countries have zero tariff in Japan. "At one point, we are at the high 90s (percent) share of our bananas. Right now, I think we're on the 70s. The landed cost coming from Ecuador is ....

Glenn Penaranda , Japan Economic Partnership Agreement , Special Trade Representative Dita Angara Mathay , Philippines Japan Economic Partnership Agreement , Secretary Glenn Penaranda , File Photo Manila The Philippine Government Is Asking Japan To Set Next General Review Of Its Free Trade Agreement Fta As Country Has Offensive Interests In Agriculture An Interview With Reporters , Pecial Trade Representative Dita Angara Mathay Said Tropical Fruit Growers In Mindanao Are Batting For The Removal Of Seasonal Tariffs Philippine Bananas And Pineapple Entering Japan According To Department Industry Dti , Mported Bananas From The Philippines Are Slapped With An 18 Percent Tariff During Winter Season And 8 Summer In Japan Under Economic Partnership Agreement Pjepa Angara Mathay Said Philippine Losing Market Share To Ecuador Peru , S Bananas From These Countries Have Zero Tariff In Japan Quot At One Point , E Are At The High 90s Percent Share Of Our Bananas Right Now , I Think We 39 Re On The 70s Landed Cost Coming From Ecuador Is High But Are Losing Share , Nd This Is Something We Need To Look Into , Uot She Said Partly In Filipino Dti Assistant Secretary Glenn Penaranda Added That The Market Share Of Philippines For All Imported Bananas To Japan Was At 76 Percent Or About 844 Million Tons Quot We Want Maintain This Number Least Increase It With Our Policy Shift , Uot Penaranda Said Both Trade Officials Amending The Tariffs For Tropical Fruits Can Be Done Through General Review Of Pjepa Quot You Know We Havea Dominant Position To Say , I Think Our Bananas Really Taste Better And Then , Ur Proximity To Japan It Gives Us An Advantage , Uot Penaranda Said Pna ,

PH bananas want to regain Japan market share

The Philippine government is asking Japan to set the next general review of its free trade agreement (FTA) as the country has offensive interests in ....

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Philippine creative industry sees $22 million potential business from Japan

An estimated $22 million in business leads was generated following the successful business mission to Tokyo by top executives from the creative industry in the Philippines. Organized by the Philippine Trade and Investment Center in Tokyo (PTIC Tokyo) – the field office in Japan of the Department of Trade and… ....

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6 Japanese wiring harness firms to invest P10 B in PH

Published April 22, 2021, 5:00 PM
Six Japanese wiring harness firms are investing in the country with estimated investments of P10.5 billion and 18,650 jobs potential, according to Trade and Industry Secretary Ramon M. Lopez.
Lopez based his announcement on the report by Commercial Counselor and Special Trade Representative Dita Angara-Mathay, who leads the DTI Field Office in Japan, during a meeting on Tuesday, April 20, with six Japanese companies.
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO)
The online and sector-specific roundtable organized by the Philippine Trade and Investment Center in Tokyo was participated in by senior executives from Sumitomo Wiring Systems, Ltd. and Yokowo Co., Ltd., among others. ....

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