FOREIGN business chambers renewed their call on the Senate to ratify Regional Comprehensive Economic Partnership (RCEP) agreement.

In a message to The Manila Times, the American Chamber of Commerce of the Philippines (AmCham) and the European Chamber of Commerce of the Philippines (ECCP) cited the advantages of the regional trade and investment agreement, as well as the consequences if the Senate fail to ratify the landmark trade agreement, which is already in force in Australia, Brunei, Cambodia, China, Japan, Korea, Laos, New Zealand, Singapore, Thailand and Vietnam.