RCEP to attract more foreign investments

The ratification of the Regional Comprehensive Economic Partnership (RCEP) will help the Philippines further attract foreign direct investments, a Trade official said.

"Besides the huge domestic market of 110 million people, the Philippines offers access to the Asean market that has more than 600 million population, and to other key markets through our free trade agreements (FTAs) and generalized system of preference (GSP) with other countries and regions," Trade Secretary Ramon Lopez said.