Business chambers endorse Trade dep’t position on joining RCEP, MSME support - BusinessWorld Online

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Trade Secretary Alfredo E. Pascual’s intention to join more free trade agreements received backing from major business chambers, who declared support for participating in the Regional Comprehensive Economic Partnership (RCEP). READ:

Makati Business Club Executive Director Francisco Alcuaz, Jr. said in a mobile phone message that the MBC supports Mr. Pascual’s plan to push for immediate RCEP rati“We believe RCEP’s ratification is an important part of the open-for-business story we recently advanced with Public Service Act , Retail Trade Liberalization Act, and Foreign Investments Act ,” Mr. Alcuaz said.

“We’ve seen three key legislation that were passed, Retail Trade Liberalization Act, the FIA, and PSA. We’d like to see that momentum continue,” Mr. Nelson said. Mr. Pascual also expressed his intent to sustain the development of micro, small, and medium enterprises and improve the food value chain.

 

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