Trade dep't pushes for RCEP ratification

by The Manila Times

Sep 23, 2021 12:00 am

The Philippines will lose out if it does not ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, Trade department officials said on Wednesday.

'The cost of not joining is very high. If we do not join the RCEP and we get left behind while others, especially our competitors, our friends and neighbors from the Asean join the RCEP, either we won't get new investments or no new expansion,' Trade Undersecretary Ceferino Rodolfo told a forum.

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