News Content
Philippines President Aquino wants to join Trans-Pacific Partnership
PHILIPPINES President Benigno Aquino says he wants his country to join the Trans-Pacific Partnership (TPP) as most countries that have signed are allies, Reuters reports.
While the Philippines is not among the 12 TPP countries that have signed the deal that cuts trade barriers and sets common standards, it has been invited to join the second round of countries, President Aquino said.
"We really want to participate in it," he told a business forum organised by Forbes magazine.
"Joining TPP does make very good sense to us, especially because of those who are already in it, whom we find ourselves in very close alliances with, on so many different fronts," President Aquino said.
The main proponent of the trade pact, the United States, is one of the Philippines' biggest trading partners, along with other members, such as Japan and Vietnam, he said.
While the Philippines is not among the 12 TPP countries that have signed the deal that cuts trade barriers and sets common standards, it has been invited to join the second round of countries, President Aquino said.
"We really want to participate in it," he told a business forum organised by Forbes magazine.
"Joining TPP does make very good sense to us, especially because of those who are already in it, whom we find ourselves in very close alliances with, on so many different fronts," President Aquino said.
The main proponent of the trade pact, the United States, is one of the Philippines' biggest trading partners, along with other members, such as Japan and Vietnam, he said.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
