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PHL wants South Korea to drop tariff, nontariff measures on farm items

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THE Philippines will demand that South Korea eliminate both tariff and nontariff measures on agricultural products, particularly banana when they face each other in negotiations for a bilateral free trade agreement (FTA).

THE Philippines will demand that South Korea eliminate both tariff and nontariff measures on agricultural products, particularly banana when they face each other in negotiations for a bilateral free trade agreement (FTA).

Senen M. Perlada, director of the Department of Trade and Industry’s Export Marketing Bureau, said the Philippines will push for the elimination of tariffs on farm exports under the proposed bilateral FTA with South Korea. The two countries last week agreed to negotiate a trade deal to improve economic relations and expand trade and investment activities.

Among other export interests, we would like South Korea to further open their market for Philippine agricultural products, Perlada told the BusinessMirror.

 

See full article at Business Mirror

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