4 weeks PH, India eye preferential trade agreement Manilatimes |Biz
THE Philippines and India have agreed to consider signing a preferential trade agreement (PTA) aimed at supporting linkages and addressing supply-chain gaps through enhanced market access of inputs and raw materials, the Department of Trade Industry (DTI) said on Wednesday. In a statement, the DTI said the possibility of such a deal was raised at the recent 13th Meeting of the Joint Working Group on Trade and Investments, where both countries agreed that a bilateral approach would be more manageable to address their respective trade concerns. “A more focused approach like a PTA is more practical. [The Philippines] is ... more