Santos Thumbs Down Bilateral FTA With US

Original Publication Date: 
20 March, 2005
Our World is Not For Sale

Search

Regional Trade > News and Updates >Santos thumbs down bilateral FTA with US

Home
OWINFS Global Statement
About
Members
Statements
News and Updates
Take Action!
Process
Contact Us
Reference


Agriculture
Cancun
GATS
Investment
New Issues
TRIPS
WTO
Regional Trade
War and Terrorism


Archive
Members' Page

 

SAYS MOVE PREMATURE
Santos thumbs down bilateral FTA with US
By IRMA ISIP
March 21, 2005

TRADE Secretary Juan B. Santos said it is premature to enter into a bilateral free trade agreement with the United Sates because it will tie the country down to a single market and that the private sector is not interested.

Santos said the Philippines' reliance on trade with the US has gone down because of growing trade with Japan, Greater China and Asean.

Santos added he has not seen enough interest from the private sector for an FTA.

Read the full article.