Korea-Philippine Free Trade Agreement, epektibo na sa Dec. 31

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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.

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