Department of Trade and Industry (DTI) Secretary Cristina A. Roque recently convened a strategic high-level meeting with a delegation from the European Parliament’s Committee on International Trade (INTA) to fortify the burgeoning economic partnership between the Philippines and the European Union (EU).
The delegation, led by INTA Chair Bernd Lange, met with Secretary Roque to discuss the modernizing landscape of bilateral trade, the resumption of Free Trade Agreement (FTA) negotiations, and shared goals for regional stability.
The discussions centered on the evolving trade dynamics between the two partners. Secretary Roque emphasized the Philippines’ commitment to maintaining its status as a reliable investment hub for European businesses, particularly in sectors aligned with the EU’s green and digital transitions.
Key agenda items included:
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FTA Progress: Both parties exchanged views on the path forward for the Philippines-EU Free Trade Agreement, aimed at providing duty-free access for a wider range of goods and services.
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GSP+ Utilization: A review of the Philippines’ continued participation in the Generalized Scheme of Preferences Plus (GSP+), which remains a vital tool for Filipino exporters.
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Investment Opportunities: Highlighting the Philippines’ liberalized investment laws to attract European expertise in renewable energy, critical minerals, and high-tech manufacturing.
Beyond bilateral ties, the meeting served as a forum to discuss the broader EU–ASEAN economic cooperation. As the Philippines continues to play a pivotal role within the Association of Southeast Asian Nations, Secretary Roque and Chair Lange explored ways to harmonize trade standards and streamline supply chains between the two powerful regional blocs. “Our engagement with the INTA Committee underscores a shared vision of a rules-based global trading system,” said Sec. Roque. “By deepening our ties with the EU, we are not just expanding market access; we are fostering an environment where innovation, sustainability, and fair labor practices drive our mutual growth.”
The dialogue also addressed the complexities of the current global trade environment, including geopolitical shifts and the need for economic resilience. Both sides reaffirmed their dedication to the World Trade Organization (WTO) principles and discussed collaborative strategies to mitigate global supply chain disruptions.
The visit by the INTA Committee signals a strong vote of confidence in the Philippines’ economic trajectory and its role as a strategic partner for Europe in the Indo-Pacific region.
