Escudero urges Senate to carefully review RCEP agreement

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Senatorial aspirant and Sorsogon Governor Francis “Chiz” Escudero on Sunday urged the Senate to carefully review the terms stipulated under the Regional Comprehensive Economic Partnership agreement before concurring in the ratification of the trade pact.

Senatorial aspirant and Sorsogon Governor Francis “Chiz” Escudero on Sunday urged the Senate to carefully review the terms stipulated under the Regional Comprehensive Economic Partnership agreement before concurring in the ratification of the trade pact.

Escudero noted that many agricultural groups are opposed to the RCEP agreement, thus, the need for senators to thoroughly review the terms of the pact. Even now, Escudero noted that the country is turning to imports to address the food shortage following the catastrophic impact of Typhoon Odette. “This, to me, is a sign that somewhere, somehow we have done wrong our farmers and fishers, and we owe it to them to carefully study more trade agreements that could leave them even more vulnerable to imports,” Escudero stressed.

“I think senators should give time to scrutinize the RCEP. There’s no need to rush—we just need to be certain,” Escudero said.

 

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