Unlock opportunities in EU, exporters urged

The country's exporters, particularly those of agri-food products, are encouraged to tap opportunities in the European Union, given the increased purchasing power of EU consumers and recent regulatory and policy developments, according to a joint agency of the World Trade Organization and the United Nations.

- By LOUELLA DESIDERIO

Nelli Hajdu, EU market access expert at the International Trade Center (ITC) said there are many regulatory and policy developments in the last five years affecting business opportunities in the EU market.

In particular, these are climate change and the global response, supply chain vulnerability and changing geo-strategic perception of food trade, as well as the Green Deal initiatives.

"(The) shift from SPS (sanitary and phytosanitary) and food safety to sustainability slows (the) EU trade agenda," she said.