A Sustainable Development Impact Assessment (SIA) was carried out to support the negotiations on free trade agreements (FTAs) between the European Union and the Philippines. The saa aims to assess the potential impact of trade and trade provisions in a future free trade agreement on economic, social, human rights and environmental aspects in any trading partner and in other relevant countries. The agreement contains detailed provisions on trade facilitation (Annex VI), including certain “WTO plus” provisions. The provisions apply, inter alia, to advance rulings and limit the possibility of new taxes and fees. Learn more about Canada`s trade and investment agreements: types of contracts and how trade and investment agreements are gradually evolving. The Agreement also provides for tariff concessions for both basic agricultural products and processed agricultural products covered by bilateral Annexes VIII to X to the Agreement. Specific provisions to facilitate trade in fish and other seafood products are set out in a separate Annex to the Chapter on Trade in Goods (Annex V). Provisions for the elimination of export duties are included in the agreement, but the Philippines has maintained the possibility of such tariffs on roundwood in accordance with Annex IV. The Chapter on Trade in Services (Chapter 6) closely follows the approach of the WTO General Agreement on Trade in Services (GATS). It covers trade in all services sectors among the four types of supply. Separate Annexes on Financial Services (Annex XIII), Telecommunications Services (Annex XIV), Free Movement of Natural Persons (Annex XV), Maritime Transport Services (Annex XVI) and Energy-Related Services (Annex XVII) complete the Chapter with additional sectoral disciplines. The lists of specific obligations and derogations from the most-favoured-nation regime of the Contracting Parties are set out in Annexes XI and XII respectively.
These schedules are regularly reviewed in order to further liberalise trade in services between the two parties. The EU works closely with ASEAN as a whole. Cooperation is maintained through the EU-ASEAN Dialogue, which includes discussions on trade and investment issues at ministerial level and senior economic officials. Other free trade agreements Under ASEAN, the Philippines has preferential trade agreements with China, Hong Kong, India, Japan, South Korea, Australia and New Zealand. Visit www.dti.gov.ph/15-main-content/dummy-article/682-free-trade-agreements and tariffcommission.gov.ph/finder/ to find a list of Philippine trade agreements and the corresponding customs plans and commitments. For more information on trade, please visit the website of the Http://pntr.gov.ph/ National Trade Repository of Philippines. The Investment Chapter (Chapter 7) defines the obligation of the Parties to authorize investments by other Contracting Parties in accordance with their laws and regulations. It also expresses the Parties` concern to provide investors from other Parties with stable, non-discriminatory and transparent investment conditions and stresses the importance of investment promotion. . . .