PH hopes for trilateral trade agreement with US, Japan

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Trade News

Philippines,Japan,United States

The Philippines is hoping to have a trade agreement with Japan and the United States, as leaders of the three countries are set to hold a trilateral summit here Thursday.

WASHINGTON D.C. — According to Philippine Ambassador to the United States Jose Manuel Romualdez, the three countries are looking to deepen their economic partnership, with trade ministers set to meet moving forward.“Well we’re hoping that that might happen,” he said, when asked about the possibility of a trilateral trade agreement among the three countries, adding that Trade Secretary Alfredo Pascual is set to meet with US Commerce Secretary Gina Raimondo.

2% of total exports, followed by Japan with $869.25 million.In terms of imports, Japan was the second-largest supplier of shipments into the Philippines during the month, with $789.36 million, behind China at the top spot with $2.65 billion. The United States came in fifth with $671.86 million.“On specific areas, probably in the cyberspace for instance, or the digital technology and of course, there are many other areas I think we can work with the United States in having this,” Romualdez said.

Philippines Japan United States Trade Agreement Trilateral Summit

 

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