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Philippines
Thursday, March 28, 2024

UK to speed up free trade deals

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The United Kingdom will step up the process of bilateral engagements with individual countries, including the Philippines, after breaking away from the European Union.

UK ambassador to the Philippines Asif Ahmad told reporters at the sidelines of a forum of the  British Chamber of Commerce of the Philippines the Philippines was one of the top 40 countries it would prioritize in negotiating a free trade agreement.

“We as an independent country from the EU, (will be) left to decide how we incorporate that into the national arrangement. If for any reason the EU FTA comes later, then the UK (will) independently work on a list of countries which starts with the biggest economies and working its way through the emerging powers which the Philippines is a part of,” he said.

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