MANILA -- The Philippines has formally expressed interest in joining the Trans-Pacific Partnership, with the goal of building new relationships with countries outside its existing bilateral free trade agreements.
Domestic industry stands to gain from market access and cheaper imports
An electronics factory in the Philippines: Joining the CPTPP would lower the cost of procuring components while providing manufacturers easier market access. © Reuters
MANILA -- The Philippines has formally expressed interest in joining the Trans-Pacific Partnership, with the goal of building new relationships with countries outside its existing bilateral free trade agreements.