Swiss Ambassador To Manila Alain Gaschen Screengrab From Embassy Of Switzerland The Philippines Facebook Video Philippine Based Enterprises Are Urged Take Advantage Benefits Trade Arrangements With Europe Such As European Union Eu Generalised Scheme Preferences Plus Gsp And Free Deal Association Efta Ina Briefing Friday News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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PH urged to maximize benefits of trade arrangements w/ Europe

Swiss Ambassador to Manila Alain Gaschen (Screengrab from Embassy of Switzerland to the Philippines Facebook video) MANILA - Philippine-based enterprises are urged to take advantage of the benefits from trade arrangements with Europe such as the European Union (EU) Generalised Scheme of Preferences Plus (GSP+) and the free trade deal with the European Free Trade Association (EFTA). In a briefing Friday, Swiss Ambassador to the Philippines Alain Gaschen said although the country's utilization rate of the Philippines-EFTA free trade agreement (FTA) "maintains stability" amid the pandemic, there is still a big potential for Filipino enterprises in exporting to EFTA countries using the trade pact. Gaschen added that the Philippines-EFTA trade pact has allowed Manila to have a trade surplus with Iceland, Liechtenstein, Norway, and Switzerland, which was previously a trade deficit. Big potential for Philippine enterprises is in the agriculture sector, the envoy said. He said th ....

Alain Gaschen , Maurizio Cellini , European Free Trade Association , European Union , Generalised Scheme , Preferences Plus , Swiss Ambassador , Philippines Alain Gaschen , Swiss Ambassador To Manila Alain Gaschen Screengrab From Embassy Of Switzerland The Philippines Facebook Video Philippine Based Enterprises Are Urged Take Advantage Benefits Trade Arrangements With Europe Such As European Union Eu Generalised Scheme Preferences Plus Gsp And Free Deal Association Efta Ina Briefing Friday , Wiss Ambassador To The Philippines Alain Gaschen Said Although Country 39s Utilization Rate Of Efta Free Trade Agreement Fta Quot Maintains Stability Amid Pandemic , Here Is Stilla Big Potential For Filipino Enterprises In Exporting To Efta Countries Using The Trade Pact Gaschen Added That Philippines Has Allowed Manila Havea Surplus With Iceland , Bend Switzerland , Hich Was Previouslya Trade Deficit Big Potential For Philippine Enterprises Is In The Agriculture Sector , He Envoy Said The Efta Nations Are Now Closely Working With Department Of Trade And Industry To Fine Tune Fta On Other Hand , He Efta 39s Trade Deal With The Country Increased Nordic Countries 39 Export Of Seafood To Philippines Around 40 Percent Meanwhile , U Delegation 39s First Counselor And Head Of Trade Economic Affairs Maurizio Cellini Said The Gsp Has Allowed An Estimate Eur2 Billion , R Around 25 Percent Of Philippine Exports , O Enter The Eu Market At Zero Tariffs Cellini Said That Philippine Agri Food Products Have Greatly Benefitted From Gsp Trade Preference He Added Country 39s With Bloc Is Recovering Its Pre Pandemic Level Help Of Quot We Are Now Noticing Figures Between And Philippines Approaching Levels This Isa Positive Indication Relations Remain Strong Amidst Global Economic Crisis , Uot He Said The Current Gsp Status Of Philippines Will Expire By End 2023 Cellini Eu Is Updating Regulation , Hich Will Take Effect On January 1 , 024 Pna ,