The Philippines is seeking to revive discussions to update the Japan-Philippines Economic Partnership Agreement (JPEPA). This move aims to widen market access for local agricultural products, boosting opportunities for Filipino farmers and exporters.
JPEPA is the country’s first bilateral free trade agreement, which came into force in December 2008. The agreement was designed to liberalize and facilitate trade in goods and services between the Philippines and Japan.
By updating JPEPA, the Philippines hopes to strengthen economic ties with Japan and create more favorable conditions for the growth of its agricultural sector in international markets.
https://business.inquirer.net/550894/ph-seeks-to-update-trade-deal-with-japan
