The Philippines and South Korea may sign a free trade deal “very soon” as officials of the two countries continue discussions, Trade Secretary Alfredo Pascual said Wednesday. Pascual sa…
The Department of Trade and Industry says the Philippines and South Korea are likely to sign a free trade deal"very soon" as officials of the two countries continue discussions. A free trade deal will cut tariffs for select products to zero which is seen to boost commerce between the two nations. Lean Daval Jr.
Pascual said that following President Ferdinand Marcos, Jr.’s trip to Japan, the government is eyeing to invite South Korean leaders to the country. A free trade deal will cut tariffs for select products to zero which is seen to boost commerce between participating nations. Although Marcos has been criticized by some groups for his successive travels abroad, Pascual said the trips have yielded billions in dollars of investment pledges.
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