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Pascual: Trade talks with EU to start in H2

THE Philippines and the European Union will officially resume negotiations for a free trade agreement sometime in the last half of 2024, Trade Secretary Alfredo Pascual said, but preliminary work has already started following the restart’s announcement last week. “The formal start of the face-to-face negotiation will be around the early second half of the

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Pascual unsure on hybrid vehicle inclusion in EO 12

INCLUDING hybrid electric vehicles (HEVs) in the coverage of Executive Order (EO) 12 goes against the goal of increasing infrastructure for EVs, Trade Secretary Alfredo Pascual said. Following the National Economic and Development Authority’s (NEDA) discussions on the possible expansion of EO 12 to cover e-motorcycles and hybrid vehicles, Pascual said that it could hinder

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Pascual calls for sustainable trade and development at WTO

TRADE Secretary Alfredo Pascual pushed for stronger and sustainable trade and development initiatives as the World Trade Organization (WTO) opened a meeting in Abu Dhabi, the Trade department said. “We welcome discussions and thematic sessions on the transfer of goods and technologies that support climate adaptation and mitigation,” Pascual was quoted as saying during a

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Pascual to highlight ecommerce at WTO

ELECTRONIC commerce (e-commerce) and the inclusion of micro, small and medium enterprises (MSMEs) into the global value chain are set to be highlighted at the upcoming 13th World Trade Organization (WTO) Ministerial Conference (MC13). Trade Secretary Alfredo Pascual will also seek meaningful outcomes in agriculture negotiations in line with the government’s target to achieve food

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More investments in pipeline, says Pascual

THE Board of Investments (BoI) said that numerous investments are in the pipeline to boost the country’s economy and generate employment opportunities. “Rest assured that there are many projects in the pipeline that will boost the country’s economy and provide employment for Filipinos,” Trade Secretary and BoI Chairman Alfredo Pascual said on Tuesday following the

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Pascual: Marcos trips yielding tangible results

THE state visits by President Ferdinand Marcos Jr. has significantly impacted the Philippine economy with increases in net foreign direct investments (FDI) and a reduction in unemployment rates, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said. The manufacturing sector took the lead in gross equity capital placements, which accounted for 50 percent, followed

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Pascual okays amendments to FTAs

TRADE Secretary Alfredo Pascual has signed two agreements aimed at boosting the country’s free trade agreements (FTAs) and simplifying trade procedures. Signed on Wednesday were the Second Protocol to enhance the Asean-Australia-New Zealand FTA (AANZFTA) and the First Protocol amending Asean-Hong Kong, China FTA (AHKFTA), which are expected to boost the Philippine FTA network. Asean

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Pascual upbeat on investments | The Manila Times

​TRADE Secretary Alfredo Pascual said the country should expect a robust foreign investments outlook this year. Speaking at an event in Makati City on Thursday, Pascual expressed confidence for a positive foreign investments outlook this year, especially in the areas of renewable energy (RE), electric vehicle (EV) manufacturing and assembly; semiconductor, information technology and business

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Pascual urges Indonesian companies to invest in PH

TRADE Secretary Alfredo Pascual urged Indonesian firms to invest in the Philippines and increase bilateral trade. In a speech delivered during the Joint Philippines-Indonesia roundtable meeting on Wednesday in Makati, the Trade chief encouraged Indonesian firms to invest in the Philippines given the country’s current economic performance and business environment.

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Pascual targets higher exports | The Manila Times

TRADE Secretary Alfredo Pascual is targeting higher Philippine exports this year and is seeking to also bring in export-oriented manufacturers to the country. He said on Monday that the Department of Trade and Industry (DTI) is aiming to increase exports this year since the country did not meet the export target for last year under

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