“The positive impact of an FTA is tremendous, ... Prospects for the Philippine Economy.”
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“In 2003, Taiwan and Panama signed an FTA. One year after that (pact) was signed, the trade volume (between those two countries) more than doubled, or grew 112 percent,”
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“I trust that Taiwan is an ideal (FTA) partner for the Philippines. Taiwan is one of the top trading countries in the world, and the Philippines has a comparative advantage (when it comes to) labor- and capital-intensive industries.”
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“Exports and imports will be the main growth drivers next year.”
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