The Philippines is seeking to revive discussions to update the Japan-Philippines Economic Partnership Agreement (JPEPA) in a bid to widen market access for local agricultural products.
JPEPA is the country’s first bilateral free trade agreement, which came into force in December 2008. The agreement aims to liberalize and facilitate trade in goods and services between both countries.
By revisiting and potentially updating the terms of JPEPA, the Philippines hopes to enhance opportunities for its agricultural sector and strengthen economic ties with Japan.
https://business.inquirer.net/550894/ph-seeks-to-update-trade-deal-with-japan
