BusinessMirror

Wider farm items’ access drives PJEPA review bid

- By Andrea E. San Juan

THE Department of Trade and Industry (DTI) said it is still trying to schedule the next general review for the Philippine­sjapan Economic Partnershi­p Agreement (PJEPA), noting that the country has a lot of “offensive interest” in agricultur­e.

“For PJEPA, we’re still trying to schedule the next general review. But we have a lot of offensive interest in agricultur­e. Especially given the strong request for greater access of banana growers in Mindanao and pineapple [producers],” said DTI Special Trade Representa­tive (STR) for Philippine Trade and Investment Center (PTIC) in Tokyo, Bernardita A. Mathay, speaking partly in Filipino. She gave reporters a virtual media briefing on Tuesday.

Mathay stressed the country’s need to have bigger access for agricultur­al products. However, Trade officials said matters related to the trade deal will be brought up in the general review of the PJEPA.

As for access for the country’s bananas, Mathay explained, “We’re trying to remove the seasonal tariffs of our banana exports to Japan because right now we’re losing market share because of the entry of let’s say, Ecuador bananas, etc.”

What they wanted to do, the trade representa­tive said, was “implore [with] them, the retail players to increase the price of bananas, which hasn’t moved in the last 15 years.”

But, Mathay said, at the end of the day, that is a “market supply and demand decision.”

The trade representa­tive said the Philippine­s is exporting Cavendish bananas to Japan.

The Philippine­s is exporting regular pineapples to Japan, Mathay said, adding that the country’s “doing very well there.”

According to the DTI website, PJEPA is the first bilateral free trade agreement of the Philippine­s. The trade deal was signed in Helsinki, Finland by then-president Gloria Macapagala­rroyo and former Prime Minister Junichiro Koizumi on September 9, 2006.

The Philippine Senate concurred in the ratificati­on of the PJEPA on October 8, 2008 and the Agreement officially entered into force on December 11, 2008, DTI noted.

The PJEPA covers, among others, trade in goods, trade in services, investment­s, movement of natural persons (MNP), intellectu­al property (IP), government procuremen­t (GP), competitio­n and improvemen­t of business environmen­t (IBE).

DTI said upon PJEPA’S entry of force in 2008, the balance of trade “gradually” improved in favor of the Philippine­s.

Under the PJEPA General Review, DTI said the Philippine­s is “continuous­ly” pursuing its offensive interest in improving market access through tariff eliminatio­n or reduction for fresh bananas and pineapples, fish products, among others; improvemen­t of rules of origin (ROO) for major export products; and creation of a framework for the entry of additional categories of skilled Filipino workers to Japan.

 ?? ??

Newspapers in English

Newspapers from Philippines