THE National Economic and Development Authority (NEDA) Board on Tuesday approved the issuance of an executive order (EO) implementing the Philippines-Korea Free Trade Agreement (PH-KR FTA) along with two major infrastructure projects collectively worth P63.2 billion.

The EO will cover tariff commitments under the trade deal, which was signed on Sept. 7, 2023, during the 43rd Asean Summit in Jakarta, Indonesia, the NEDA said in a statement.

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