Manila wants to be the first in line when Washington is ready to return to the negotiating table to discuss traditional FTAs again.
While the FTA may not be a priority of the US this year because of its upcoming presidential elections in November, Trade Undersecretary Ceferino Rodolfo said the Philippines continues to lobby for such an agreement.
"We have not seen the US embark on an FTA during or close to an election year but despite that historical record, we continue to push for it," Rodolfo said during a press briefing at the Philippine Center New York.
But the Philippines isn't giving up and remains very hopeful on having an FTA with the US, said Rodolfo.
"It's just that (with) their political dynamics, it will be difficult (for now)," he said.
Nonetheless, there is strong support for the FTA from American businesses including members of the US Chamber of Commerce, the world's largest business organization, Rodolfo said.
This story is from the April 28, 2024 edition of The Philippine Star.
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This story is from the April 28, 2024 edition of The Philippine Star.
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