00:00The Philippines is aiming to finalize a free trade agreement or FTA negotiation with the European Union, Canada and Chile
00:07this year.
00:08This according to Trade Secretary Maria Cristina Roque.
00:11Roque said during the ASEAN Business Environment Forum, the agreements are part of the Marcus Jr. administration's target to secure
00:19around 20 FTAs by 2028.
00:21The talks with the European Union and Canada are targeted for conclusion by June or July, with a signing slated
00:28for 2027.
00:30While the FTA signing with Chile is expected this year, Roque highlighted that these FTAs are a competitive edge for
00:37Filipino businesses,
00:38noting that over 70% of the country's exports already reach partner markets through existing agreements.
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