PRESIDENT Ferdinand Marcos Jr. approved on Tuesday, June 6, 2023, the Philippine Export Development Plan (PEDP) 2023 to 2028 that aims to boost capitalization on export growth...
PRESIDENT Ferdinand Marcos Jr. approved on Tuesday, June 6, 2023, the Philippine Export Development Plan 2023 to 2028 that aims to boost capitalization on export growth opportunities, developing local industries and making the Philippines a global player in terms of exports.
He noted that in order for the Philippines to export, the production of competitive products should be supported along with manpower and improving the quantity and quality of exportable products. “Just to cite an example, there’s a big market for durian in China. We cannot cope with the required quantity,” Pascual said.
Meanwhile, Pascual said he will be flying to Belgium by the end of June to follow up on the negotiations on the European Union’s Generalized Scheme of Preferences Plus and the Free Trade Agreement .Pascual said the country got the backing of European businesses that are operating in the Philippines and of some members of EU parliament.
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