The Senate is yet to ratify the Regional Comprehensive Economic Partnership (RCEP) due to some concerns on its effect on the agriculture sector, Senate President Juan Miguel Zubiri said Tuesday.
In an interview with reporters, Zubiri said RCEP is among the topics that he discussed with President Ferdinand "Bongbong" Marcos Jr. and Speaker Martin Romualdez in a meeting over the weekend.
Last week, the Presidential Communications Office released a statement indicating that President Marcos isSenator Marcos, the President's older sister, chairs the Senate foreign relations committee which is in charge of deliberating all agreements and treaties that need to be ratified. To recall, Zubiri said in November that the President's economic managers have not formally endorsed yet the RCEP to the Senate for its concurrence.
The Senate president also mentioned that several countries have been pushing for the ratification of RCEP during the President's overseas trips.
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