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Philippine prez backs review of ASEAN-India trade pact

11 Oct '24

1 min read

Philippine prez backs review of ASEAN-India trade pact

Pic: GOVPH

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Philippine President Ferdinand R. Marcos Jr. recently stressed his country's the support to the review of ASEAN-India Trade in Goods Agreement to make it more user-friendly, simple and trade-facilitative for businesses, including MSMEs.
Marcos expressed optimism on future cooperation with India on digital realm through the ASEAN-India Joint Statement on Advancing Digital Transformation.

Philippine President Ferdinand R. Marcos Jr. recently stressed his country’s support to the review of ASEAN-India Trade in Goods Agreement (AITIGA) to make it more user-friendly, simple and trade-facilitative for businesses, including micro, small, and medium enterprises (MSMEs).

In his speech during the 21st ASEAN-India Summit in Vientiane, President Marcos recognised the importance of AITIGA in easing trade restrictions, hoping that India would continue supporting the agreed provisions.

“We hope that the review of the AITIGA will effectively lessen restrictions to trade and that India will continue to support its agreed provisions,” he was quoted as saying in a press release from his office.

Marcos expressed optimism on future cooperation with India on digital realm through the ASEAN-India Joint Statement on Advancing Digital Transformation.

He also urged India to explore its promotion of technical and vocational education and training in ASEAN through sharing of knowledge on establishing industry-academia partnerships to enhance enterprise-based training schemes.

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