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+ Follow SENIOR TRADE UNDERSECRETARY THOMAS AQUINO Tag
SENIOR TRADE UNDERSECRETARY THOMAS AQUINO
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                    [ArticleID] => 369804
                    [Title] => RP to push for some form of FTA with US
                    [Summary] => 



The Philippines will pursue some form of free trade agreement (FTA) with the US despite all signals that the US is not inclined to negotiate with the country, according to Senior Trade Undersecretary Thomas Aquino.


"We must persevere," Aquino told The STAR even as he acknowledged that at present the US is not inclined to negotiate any agreement other than a comprehensive FTA.

However, with the shift of power in the US Congress from the Republicans to the Democrats, Aquino expressed some optimism that a policy shift may occur.
[DatePublished] => 2006-11-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 366975 [Title] => WTO head may address Asean leaders in Cebu [Summary] => World Trade Organization (WTO) Director-General Pascal Lamy will have the opportunity to address the leaders of the 500 million-strong Association of Southeast Asian Nations (ASEAN) trade bloc if he decides to accept the invitation extended by President Arroyo to attend the 12th ASEAN Leaders’ Summit to be held in Cebu from Dec. 11 to 13.

According to Senior Trade Undersecretary Thomas Aquino, the still unaccepted invitation to Lamy would give the WTO head an opportunity to update the ASEAN leaders on the status of the stalled WTO negotiations.
[DatePublished] => 2006-11-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 337210 [Title] => RP-Japan trade talks resume [Summary] => Negotiations between the Philippines and Japan have resumed following a break caused by the filing of a petition seeking more transparency regarding the terms of the Japan-Philippines Economic Partnership Agreement (JPEPA).

This was confirmed by Senior Trade Undersecretary Thomas Aquino who explained that while negotiations have resumed, the negotiating team are enjoined not to conclude the agreement.

Thus, conclusion of the JPEPA by July, Aquino admitted, may still be a "touch and go" matter.
[DatePublished] => 2006-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 315046 [Title] => Japan wants to resume talks on stalled JPEPA [Summary] => Japan has informed the Philippines of its desire to resume talks on the stalled Japan-Philippines Economic Partnership Agreement (JPEPA) even though there is a pending petition before the Supreme Court for a "mandamus, prohibition and a temporary restraining order" against the conclusion of the JPEPA.

According to Senior Trade Undersecretary Thomas Aquino, Japan wants to send a delegation to resume talks on the stalled JPEPA negotiations.
[DatePublished] => 2006-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 309506 [Title] => Early publication of 2006 tariff schedule not possible [Summary] => Industry and business planners may have to rely on 2005 tariff rates at least for the first quarter or the first half of 2006 as the technical committee of the Cabinet-level Tariff and Related Matters (CTRM) has not yet finished its own review of the earlier submitted comprehensive overhaul done by the Tariff Commission.

According to Tariff Commissioner Edgardo Abon, the technical committee of the TRM is still conducting its line-by-line review. With only about a month left in the current year, Abon expressed his concern that "time may be running out."
[DatePublished] => 2005-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 309122 [Title] => RP won’t agree to further tariff cuts in next month’s WTO talks [Summary] => The Philippines’s position in the forthcoming World Trade Organization (WTO) meeting in Hong Kong next month remains consistent with its earlier position in the Cancun meeting in 2003, according to Senior Trade Undersecretary Thomas Aquino.

Specifically, on the non-agricultural market access (NAMA) issue, Aquino stressed, the Philippines is still against any further moves to reduce tariffs.

The Philippine position in 2003 had, and continues to be, not to trade away its tariffs.
[DatePublished] => 2005-11-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 307096 [Title] => RP,Taiwan face obstacles in setting up economic corridor [Summary] => The Philippines and Taiwan face at least three major hurdles in establishing an economic corridor between the special economic zones of Subic and Clark in the Philippines and Kaohsiung in Taiwan, according to Senior Trade Undersecretary Thomas Aquino.

According to Aquino, the three major hurdles would involve establishing an electronic export processing system between the special economic zones, labor issues and complex financial issues.
[DatePublished] => 2005-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 297463 [Title] => Favila wary of Japan’s demand for ‘nat’l treatment’ of its RP investments [Summary] => Trade and Industry Secretary Peter B. Favila is wary over Japan’s insistence on being granted the same "national treatment" on investments as granted by the Philippines under its regional trade agreement with the Association of Southeast Asian Nations (ASEAN).

Japan is insisting on the inclusion of a provision extending "national treatment" to investments under the proposed Japan-Philippines Economic Partnership Agreement (JPEPA).
[DatePublished] => 2005-09-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 297137 [Title] => Japan nixes ban on imports of used cars, appliances in proposed trade pact with RP [Summary] => Japan is refusing to include a provision in the Japan-Philippines Economic Partnership Agreement (JPEPA) that would limit the influx of used Japanese vehicles and used appliances to the Philippines.

According to sources involved in the negotiations, the Philippines wants the inclusion of a provision limiting the entry of used vehicles and appliances.

However, Japanese negotiators had argued that such transactions are considered private and should therefore not be included in a government to government agreement.
[DatePublished] => 2005-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 296816 [Title] => TRM to publish RP’s tariff schedule for 2006-2010 [Summary] => The technical committee of the Tariff and Related Matters (TRM) Committee will leave up to the Cabinet-level TRM a crucial decision to publish the country’s tariff schedule for 2006-2010 because of potential implications to the still forthcoming World Trade Organization (WTO) negotiations in Hong Kong in December.

Senior Trade Undersecretary Thomas Aquino explained that such a decision has to be made by the Cabinet level TRM and not just the Tariff Commission because of possible implications to the Philippines’ own negotiating position in the WTO.
[DatePublished] => 2005-09-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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