Philippines Explores Joining Pacific Trade Pact to Expand Free Trade Network
An electronics factory in the Philippines. Photo: Reuters
Nikkei Asia The Philippines has formally expressed interest in joining the Trans-Pacific Partnership, with the goal of building new relationships with countries outside its existing bilateral free trade agreements.
Ramon Lopez, secretary of trade and industry, sent a signed letter of intent to New Zealand, the depositary nation of the trade bloc, formally the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Lopez asked about the process of joining the CPTPP as well as how it operates, Ceferino Rodolfo, an undersecretary, said recently.
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