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Marcos sees South Korea FTA ratification this year

PRESIDENT Ferdinand Marcos Jr. expects the free trade agreement (FTA) between the Philippines and South Korea to be ratified this year.

In an interview with Maeil Business Newspaper Chairman and Publisher Chang Dae-Whan in Malacañang on Thursday, Marcos said the FTA could give Philippine products reduced tariff rates in the South Korean market.

President Ferdinand Marcos Jr. Photo from PCO