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PHILIPPINE TRANSPARENCY SEAL FREEDOM OF INFORMATION PHILIPPINES

Global Economic
Prosperity Driven by FTAs

Agricultural and Industrial Development

The Philippines seeks to enhance market access for its agricultural products and bolster its industrial sector through FTAs.

ASEAN-Centric Strategy

Prioritizes regional integration within ASEAN while expanding trade relations globally through bilateral and multilateral FTAs.

Transition from GSP to FTAs

The Philippines is focusing on transitioning from preferential trade schemes like the Generalized System of Preferences (GSP) to more comprehensive FTAs for long-term, stable market access.

  • AKFTA 2007 1 June
  • AJCEPA 2008 1 December
  • PJEPA 2008 11 December
  • ATIGA 2000 1 January
  • AIFTA 2010 1 January
  • AANZFTA 2010 1 January
  • PH-EFTA FTA 2018 1 June
  • AHKFTA 2019 1 January
  • RCEP 2023 2 June
  • PKFTA 2024 31 December
Protection of Agriculture and Resource Industries

Australia prioritizes the protection of its agricultural and mineral resource sectors in FTA negotiations, seeking to maximize economic benefits from these industries.

Indo-Pacific Strategy

Japan seeks to maintain a balance by protecting the agricultural sector while gradually opening up other industries to achieve mutual benefits.

Emphasis on Labor and Environmental Standards

Australia focuses on incorporating labor rights and environmental protection standards in its FTAs, striving to promote sustainable trade and achieve regulatory harmonization with partner countries.

  • JAEPA 2015 January
  • CHAFTA 2015 December
  • CPTPP 2018 December
  • A-HKFTA 2020 January
  • PAFTA 2020 February
  • A-CEPA 2020 July
  • PACER Plus 2020 December
  • RCEP 2022 January
  • ECTA 2022 December
  • AUKFTA 2023 May
Dual Approach of Multilateral and Bilateral Agreements

Canada engages in multilateral agreements such as the USMCA (formerly NAFTA) with the United States and Mexico, as well as various bilateral FTAs, to diversify its trade relationships.

Protection of Resource-Based Industries

Canada protects its agricultural, energy, and natural resource sectors while simultaneously expanding its international market reach based on these industries.

Inclusion of Environmental and Labor Standards

Canada emphasizes environmental protection and labor rights in its FTA agreements, striving to establish sustainable trade relationships with partner countries.

  • CJFTA 2012 October
  • CPAFTA 2013 April
  • CHFTA 2014 October
  • CKFTA 2015 January
  • CFTA 2017 July
  • CUFTA 2017 August
  • CETA 2017 September
  • CPTPP 2018 December
  • CUSMA 2020 July
  • Canada-UK TCA 2021 April
Strategic Regional Focus

China actively promotes FTAs centered around the Asia-Pacific region, such as ASEAN and RCEP, to expand its economic sphere and strengthen regional leadership.

Expansion of Global Economic Influence

Through FTAs, China aims to strengthen trade relations with both developing and developed countries, linking these efforts to the Belt and Road Initiative to enhance its influence in global supply chains.

Manufacturing-Centric Openness

China prioritizes tariff reductions in manufacturing and industrial products, while taking a more cautious approach in opening the agricultural and service sectors to protect sensitive domestic industries.

  • CSFTA 2014 July
  • CKFTA 2015 December
  • CHAFTA 2015 December
  • CGFTA 2018 January
  • CMFTA 2021 January
  • CCFTA 2022 February
  • RCEP 2022 January
  • CNFTA 2024 January
  • CEFTA 2024 May
  • CSFTA 2024 July
Focus on Free Trade

Hong Kong enters into numerous FTAs based on principles of high free trade, maintaining its openness and competitiveness as a trade and financial hub.

Special Relationship with China

Based on its unique economic ties with Mainland China, Hong Kong has established agreements such as CEPA (Closer Economic Partnership Arrangement) to enhance market access and maximize trade benefits with China.

Focus on Service Industries

Hong Kong emphasizes the opening of sectors such as finance, legal services, and logistics in its FTAs, leveraging these agreements to strengthen its role as a global service hub.

  • CEPA 2004 January
  • HK-NZ CEPA 2011 January
  • HK-EFTA FTA 2012 October
  • HKC-CL FTA 2014 October
  • HK-MO CEPA 2018 October
  • HK-GE FTA 2019 February
  • HK-ASEAN FTA 2019 June
  • HK-AUS FTA 2020 January
Member of EFTA

As an EFTA member, Iceland collaborates with other member states to pursue FTAs, primarily to expand trade relations with non-European countries.

Economic Alliance with Switzerland

Iceland, similar to Liechtenstein, benefits from a close economic and customs alliance with Switzerland, sharing identical conditions in FTA agreements.

Focus on Financial and High-Value Industries

Iceland emphasizes financial services and high-value manufacturing industries in its FTAs, enhancing its global market competitiveness through regulatory harmonization and trade promotion.

  • GGC 2014 July
  • Panama FTA 2014 September
  • Costa Rica FTA 2014 September
  • BIH FTA 2015 December
  • Guatemala FTA 2015 October
  • Philippines FTA 2018 June
  • Georgia FTA 2018 September
  • Ecuador FTA 2020 November
  • Indonesia FTA 2021 November
  • UK FTA 2023 February
Priority on Protecting Domestic Industries

India prioritizes the protection of key domestic industries such as agriculture and manufacturing, adopting a cautious approach in FTA negotiations regarding sensitive sectors.

Strengthening Regional Economic Cooperation

India pursues FTAs to strengthen economic cooperation within the Asian and South Asian regions, particularly focusing on trade relations with SAARC and ASEAN.

Emphasis on Strategic Partnerships

India seeks to strengthen cooperation in technology, investment, and services through FTAs with major economies, aiming to enhance both economic and diplomatic relations.

  • ISFTA 2000 March
  • ISCECA 2005 August
  • SAFTA 2006 January
  • ITFTA 2006 September
  • IA-CECA 2010 January
  • IKCEPA 2010 January
  • IMCECA 2011 July
  • JICEPA 2011 August
  • IM-CECPA 2021 April
  • AI-CECA 2022 December
Emphasis on Multilateral Agreements

Japan prioritizes multilateral agreements such as the RCEP and CPTPP to secure extensive trade benefits and strengthen its international presence.

Agricultural Protection and Gradual Market Opening

Japan seeks to maintain a balance by protecting the agricultural sector while gradually opening up other industries to achieve mutual benefits.

Economic Security and Supply Chain Stability

Japan utilizes FTAs to secure strategic resources and ensure the stability of supply chains, particularly in advanced technology and energy sectors.

  • JVEPA 2009 October
  • JICEP 2011 August
  • JPEPA 2012 March
  • JAEPA 2015 January
  • JMEPA 2016 June
  • CPTPP 2018 December
  • JEU EPA 2019 February
  • JUSFTA 2020 January
  • JUK CEPA 2021 January
  • RCEP 2022 January
Expansion of Export Markets

South Korea aims to secure new markets for innovative industries and services through FTAs, while harmonizing domestic regulations with global trade standards to promote industrial advancement.

Mutually Beneficial FTAs

South Korea promotes mutually beneficial FTAs with developing regions such as Southeast Asia, Central Asia, and Latin America.

Introduction of a Full-Cycle FTA Platform

A comprehensive FTA platform is being introduced to link industrial policies with the implementation of FTAs, thereby enhancing SME utilization, job creation, and consumer welfare.

  • CKFTA 2015 December
  • KNZFTA 2015 December
  • KVFTA 2015 December
  • CKFTA 2016 July
  • KUKFTA 2021 January
  • KCAFTA 2021 March
  • RCEP 2022 February
  • KIFTA 2022 December
  • KCFTA 2022 December
  • CEPA: IK-CEPA 2023 January
Member of EFTA

Liechtenstein, as a member of EFTA, collaborates with Switzerland, Norway, and Iceland in pursuing FTAs, primarily to expand trade with non-European countries.

Economic Alliance with Switzerland

Liechtenstein maintains a close economic and customs alliance with Switzerland, sharing identical conditions in FTA agreements and sustaining a close economic relationship.

Focus on Financial and High-Value Industries

Leveraging FTAs to enhance competitiveness in global markets, Liechtenstein emphasizes financial services and high-value manufacturing industries, advocating regulatory harmonization and trade promotion in these areas.

  • Panama FTA 2014 September
  • Costa Rica FTA 2014 September
  • BIH FTA 2015 January
  • Guatemala FTA 2015 October
  • Philippines FTA 2018 June
  • Georgia FTA 2018 September
  • Ecuador FTA 2020 November
  • Indonesia FTA 2021 November
  • UK FTA 2022 February
  • UK FTA 2023 September
Agriculture-Centric FTA Strategy

New Zealand prioritizes market access for agricultural products in FTA negotiations, especially seeking to benefit its dairy and meat sectors.

Enhancing Accessibility for a Small Economy

New Zealand strives to lower trade barriers with various countries through FTAs, aiming to improve its global market accessibility given its small economic scale.

Emphasis on Intellectual Property Protection

New Zealand underscores the importance of intellectual property protection in its FTAs, enhancing its creativity and technological development by strengthening regulations in support of creative industries and innovation.

  • AANZFTA 2010 January
  • NZMFTA 2010 August
  • NZHKCEP 2011 January
  • NZKFTA 2015 December
  • CPTPP 2018 December
  • PACER Plus 2020 December
  • DEPA 2021 January
  • RCEP 2022 January
  • NZUKFTA 2023 May
EFTA-Centric Approach

As a member of EFTA, Norway, together with other member states, pursues FTAs to expand economic relations with non-EU countries.

Protection of Fisheries

Norway, as a leading player in global fisheries, focuses on protecting its fishing industry and promoting exports in its FTA agreements.

Emphasis on Sustainability and Environment

Norway incorporates provisions for environmental protection and sustainable development in its FTAs, actively promoting cooperation on green economy and renewable energy.

  • GGC 2014 July
  • Panama FTA 2014 September
  • Costa Rica FTA 2014 September
  • BIH FTA 2015 December
  • Guatemala FTA 2015 October
  • Philippines FTA 2018 June
  • Georgia FTA 2018 September
  • Ecuador FTA 2020 November
  • Indonesia FTA 2021 November
  • UK FTA 2023 February
Extensive Global Network

Switzerland has signed FTAs with various countries across continents, promoting trade as a small, open economy and enhancing its economic connectivity worldwide.

EFTA-Centric Approach

As a member of EFTA (European Free Trade Association), Switzerland, along with other member states, jointly pursues FTAs to expand economic relations with non-European countries.

Focus on Services and High-Value Industries

Switzerland emphasizes sectors such as finance, pharmaceuticals, and advanced technologies in its FTAs, aiming to further strengthen its key industries through these agreements.

  • GGC 2014 July
  • Panama FTA 2014 September
  • Costa Rica FTA 2014 September
  • BIH FTA 2015 December
  • Guatemala FTA 2015 October
  • Philippines FTA 2018 June
  • Georgia FTA 2018 September
  • Ecuador FTA 2020 November
  • Indonesia FTA 2021 November
  • UK FTA 2023 February

DISCOVER FTAs/GSPs

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UTILIZE FTAs/GSPs

Find out how trade agreements and arrangements can enhance trade opportunities, reduce tariffs, and expand market reach.

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Discover the government’s plan to drive growth, enhance trade, and boost economic opportunities for the Philippines.

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