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'Gov't should help exporters hurdle EU barriers'
The Philippine Star
|March 22, 2024
The government must seek the removal of some trade barriers imposed by the European states to allow exporters to maximize the opportunities of the country's prospective free trade agreement (FTA) with Europe, an industry group said.
Philippine Exporters Confederation Inc. president Sergio Ortiz-Luis Jr. said exporters face various problems, from high shipping costs to lack of raw materials, that hinder them from expanding their shipments to Europe.
On top of these, certain non-tariff barriers like stringent rules of origin by Europe may stifle the Philippines's exports from taking advantage of preferential treatment under an FTA, Ortiz-Luis added.
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