LATEST PUBLICATIONS
DP 2017-22
The Impacts of Roll-On/Roll-Off Transport System in the Philippines
DP 2017-21
A Review of Philippine Government Disaster Financing for Recovery and Reconstruction
DP 2017-20
National Accounts and Household Survey Estimates of Household Expenditures: Why Do They Differ and Why Should We Be Concerned?
PN 2017-12
Have We Institutionalized DRRM in the Philippines?
Publication Detail
DP 2015-22: How Are Firms Responding to Philippine Free Trade Agreements?

The Philippines has been more cautious in its policy toward free trade agreements (FTAs) than other ASEAN member-states, having signed, so far, only one bilateral agreement with Japan in addition to the various ASEAN+1 agreements. While the government is expected to progressively reduce preferential tariffs to zero, Philippine firms have historically been slow to take advantage of FTAs. This survey reaffirms that this awareness and the usage of FTAs need significant improvement among both manufacturing and services sector firms.

Identified as the main source of information for FTAs, the government needs to increase the efficiency, scope, and reach of its promotional and technical training programs and to rely further on technology to deliver results. These efforts to enhance FTA utilization are directly linked with the easing of rules of origin (ROOs) compliance and administration. At the national level, these efforts include reforms toward electronic Certificates of Origin and self-certification, and linkage to the national single window. This will improve timelines and ease the entry of micro, small, and medium enterprises. Regional efforts to harmonize ROOs can increase FTA utilization across ASEAN member-countries and pave the way for the forthcoming Regional Comprehensive Economic Partnership.



Philippine Institute for Development Studies
Authors Keywords
Aldaba, Rafaelita M.; Medalla, Erlinda M.; Yap, Josef T.; Rosellon, Maureen Ane D.; del Prado, Fatima; Mantaring, Melalyn C.; Ledda, Veredigna M.; Philippines; free trade agreements (FTAs); Certificate of Origin; FTA utilization;
Download PDF Number of Downloads
Published in 2015 and available in the PIDS Library or can be downloaded as full text Downloaded 1495 times since March 05, 2015