Free trade agreement reaches final stage

The EU and the Philippines have reached the final stage of negotiations for the creation of a Free Trade Agreement, which is expected to lift 94% of the current tariffs in place, providing a massive opportunity for both sides.

By TPN, in Europe, Business, Politics · 03 Oct 2026, 13:31 · 0 Comments

Credits: Unsplash; Author: Guillaume Périgois;

EU-Philippines trade amounted to €17.6 billion in goods in 2025 and €10.3 billion in services in 2024, while €15.4 billion of European foreign investment stock is held within the Southeast Asian nation.

Credits: iStock; Author: Jui-Chi Chan;

The agreement between these two parties includes provisions touching government procurement, intellectual property rights, and consumer protection standards, among others.

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