00:00The Korea-Philippine Free Trade Agreement is now effective on December 31 this year
00:06according to the Korean Embassy in Manila.
00:10The early implementation of the agreement is to speed up the cooperation between the two states
00:17for the next few years.
00:19It will also be a key for deeper bilateral cooperation
00:23and cooperation between the Philippines and South Korea.
00:27In addition, it will greatly help the industry, infrastructure, and energy sector.
00:33It also has a comprehensive scope that will strengthen the market access of Filipino products
00:39such as bananas and pineapples in the Korean market.
00:42This contribution is expected by the Korean company in the production of quality jobs
00:48through expanded investment in advanced manufacturing, including automobiles.
