In an interview with reporters, Gepty said the Philippines had manifested its interest to join the CPTPP even when it was still called the Trans Pacific Partnership Agreement (TTP).
"One big reason why we wanted to join the TPP, among others, is that the United States, at the time, was still part of the TPP. The US is a major trading and investment partner of the Philippines," Gepty said.
"For us to stabilize our preferential arrangement with the US, we thought that it would be best to also join the Trans Pacific Partnership Agreement. And other parties of the TPP are major trading partners of the Philippines. That was our consideration before," he said.
Gepty noted the comprehensive coverage of the trade accord, which is important in attracting investors as it focuses on areas such as intellectual property and competition.
Denne historien er fra January 22, 2024-utgaven av The Philippine Star.
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Denne historien er fra January 22, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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P500-M rice imports stalled in Port of Manila
Half a billion pesos worth of rice is sitting at the Port of Manila, waiting to be picked up by their importers, making the government worry that this may cause an artificial increase in consumer prices.
Lawmakers to Sara: Oath a commitment to honesty
Administration lawmakers are reminding Vice President Sara Duterte that her refusal to take her oath when she appeared Wednesday before a committee of the House of Representatives would ultimately boomerang on her credibility and integrity as an elected public official.
Maritime bo open to leasing foreign ships for WPS
The National Maritime Council (NMC) is open to a proposal to lease ships from other countries to shore up the Philippines' presence in the West Philippine Sea as the country grapples with an increasingly aggressive China.
US keeps mid-range missile system in Phl
Typhon cruise missiles capable of striking
Guo cited in contempt, detained by House panel
The House quad committee yesterday cited in contempt dismissed Bamban mayor Alice Guo for making a fool out of the lawmakers when she told them that no Filipino public official helped her escape.
PNP has leads on where Roque is hiding
Police already have leads on where former presidential spokesman Harry Roque is hiding.
Monsoon to continue bringing rains
The Philippines will continue experiencing rains brought by the southwest monsoon following the recent exit of two tropical cyclones, according to the state weather bureau.
Tulfo brothers lead OCTA'S Senate poll
Two brothers of Sen.Raffy Tulfo are leading the latest Senate preference poll conducted by the OCTA Research group.
Summit tackles AI integration in military operations
The Philippines reinforced its commitment to equitable access and rules-based governance in integrating artificial intelligence (AI) into military operations.
2025 special polls, plebiscites suspended
To focus all resources on the conduct of the May 2025 midterm elections, the Commission on Elections (Comelec) has suspended all special polls and plebiscites until next year.
