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Trade partnership ng Pilipinas sa Canada at iba pang kasapi ng World Trade Organization, pinaigting pa
PTVPhilippines
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12/5/2024
Trade partnership ng Pilipinas sa Canada at iba pang kasapi ng World Trade Organization, pinaigting pa
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Transcript
Display full video transcript
00:00
The World Trade Organization considered the government's actions
00:04
as a violation of Philippine law and commerce in other countries.
00:09
This was after President Ferdinand R. Marcos Jr. laid down the plans to implement them.
00:15
The details are in the national news of Clayzel Pardilla of Tiktok Manila.
00:21
The Philippines even strengthened trade partnerships between Canada and other members of the World Trade Organization.
00:30
This was after President Ferdinand R. Marcos Jr. laid down the plans to implement them.
00:36
President Marcos Jr. laid down the major plans to implement Philippine law and commerce in other countries.
00:46
According to the Philippine Development Plan,
00:48
the government's goal is to increase the number of products sold in the global market.
00:57
The Philippines is also positioning the country as the primary supplier of services.
01:03
These actions reflect the growing economy of the Philippines,
01:08
which reached a 6% annual growth rate, which is what the World Trade Organization considered.
01:15
The World Trade Organization Director-Finance Secretary Ralph Recto,
01:21
Agriculture Chief Francisco T. Laurel Jr.,
01:23
and Trade and Industry Secretary Christina Roque.
01:26
The strength of the Philippine government and the World Trade Organization is important.
01:31
It is the so-called institution that establishes the foundation of bilateral trade.
01:37
It is also the one that establishes the rules and regulations of the trade partnership
01:42
so that the purchase of products and services is open.
01:47
Under the leadership of President Marcos,
01:50
the Canadian Minister of Export Promotion, International Trade, and Economic Development,
01:55
the President assured that the Philippines is doing everything to be a business and investment-friendly country
02:02
and to be a leading investment hub.
02:04
The President's Create More Act law is in effect here.
02:08
It provides incentives for the export and exportation of local and foreign investors.
02:15
The Team Canada Trade Mission in the Philippines has 300 delegates
02:20
that are made up of 180 companies.
02:23
In their visit, new partnerships are expected
02:27
and new opportunities for work for the Filipinos will be created.
02:32
From PTV Manila, Kalei Zalpardilia, Balitang Pambansa.
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