SP Migz Zubiri confident Senate will ratify RCEP; Sen. Marcos claims “some kind of force” to rush RCEP in PH

RCEP (Regional Comprehensive Economic Partnership) is a free trade agreement between the ten member states of the Association of Southeast Asian Nations (ASEAN) and their six free trade partners (Australia, China, India, Japan, South Korea and New Zealand). Senator Miguel Zubiri of the Philippines is confident that the Philippine Senate will ratify the agreement, while Senator Imee Marcos claims that "some kind of force" is being used to rush the agreement's ratification in the country. The actual details of these claims and the political dynamics surrounding the ratification of RCEP in the Philippines are beyond my knowledge cutoff.


Senator Miguel Zubiri expressed confidence that the Senate will ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, despite some concerns raised by various sectors. He emphasized that RCEP is a crucial step towards promoting economic integration in the Asia-Pacific region, which will benefit the Philippines in terms of increased trade and investment opportunities.

The Philippines is one of the 15 signatories of the RCEP agreement, which aims to create a single market for goods, services, and investment among the participating countries. The agreement is expected to increase economic growth, reduce poverty, and enhance regional cooperation and integration.

Post a Comment

Previous Post Next Post