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CEPA with Chile seen boosting trade
Business World Philippines
|September 22, 2025
A COMPREHENSIVE economic partnership agreement (CEPA) with Chile could create up to $9 million in expanded trade, the Department of Trade and Industry (DTI) said.
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Bureau of International Trade Relations Director Marie Sherylyn D. Aquia said the findings from a joint study indicate that “Gains from combined trade creation and trade diversion may range from $7.9 million to $9 million,” she said in a Tariff Commission hearing on Friday.
“Based on the partial equilibrium analysis of the impact of such an agreement, total trade creation will amount to $3.9 million, mostly in electronics, and then total trade diversion will amount to $4.68 million; the shift from Chile’s other imports to the Philippines will mainly affect China, the US, Vietnam, Thailand, and Peru,” she added.
Diese Geschichte stammt aus der September 22, 2025-Ausgabe von Business World Philippines.
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