MSMEs may supply to big-time exporters under PH-Canada FTA
Manila, Nov. 14 -- Micro, small and medium enterprises (MSMEs) will benefit from the Philippines-Canada free trade agreement (FTA) through tie-ups with big businesses, Trade and Industry Secretary Ma. Cristina Roque said Saturday.
FTA negotiations were concluded during the bilateral meeting of President Ferdinand R. Marcos Jr. and Canadian Prime Minister Mark Carney on the sidelines of the 49th Association of Southeast Asian Nations (ASEAN) Summit and Related Summits in Pasay City.
The FTA will be signed next year.
As of September, the export industry is at a 34-year high of 35.6 percent.
"So, with this free trade agreement, we really hope to give more opportunities for the exporters. But for the small and medium enterpri...
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