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Business

JPEPA review still in limbo; no meeting has been set

- Ma. Elisa Osorio  -

MANILA, Philippines - The scheduled review of the Japan Philippine Economic Partnership Agreement (JPEPA) is still in limbo because the two governments cannot agree on a meeting yet.

In an interview with reporters, Japanese Chamber of Commerce in the Philippines vice president Nobuo Fujii said the review of JPEPA is still not scheduled.

The JPEPA is the first economic partnership agreement entered by the government. Under the terms of the bilateral agreement, it should be reviewed every five years. The scheduled review is 2011.

Fujii said the secretary of the Department of Trade and Industry must meet with his Japanese counterpart to discuss the review. However, since the DTI secretary is unavailable an undersecretary must take over but there has been problems with the meetings, Fujii said.

A Philippine delegation went to Tokyo last March to discuss what items should be tabled during the review.

In an earlier interview, Trade Assistant Secretary Ramon Kabigting said that the Japanese contingent would like to discuss issues on automotive. On the other hand, the Philippines would like to bring up the issue on nurses.

During their trip to Japan in March, the Philippine contingent has already informed their Japanese counterparts that that they would like to discuss the stringent requirements for Filipino nurses who would like to work in Japan.

The Philippine contingent has officially told their Japanese counterparts that the labor situation must be discussed during the renegotiation.

The Philippine contingent was composed of representatives from the Department of Trade and Industry, Department of Labor and Employment, Office of the Solicitor General, Department of Justice, Department of Foreign Affairs, Philippine Regulatory Commission and the Philippine Overseas Employment Agency.

Meanwhile, the Philippines is hesitant to discuss the auto component which would allow for the preferential importation of smaller vehicles. The Philippines is opposing this because these vehicles are being manufactured in the country and importation may damage the local industry.

The JPEPA, entered into force December 2008, is the most comprehensive bilateral economic agreement the Philippines has entered into with another country covering trade in goods and services, investments, and cooperation.

The DTI said that the group will conduct a detailed review on how the Philippines can improve and expand the trade and investment relationship with Japan. The agency has also set a series of preliminary meetings with inter-agency members and consultation talks with private sector stakeholders this week.

vuukle comment

A PHILIPPINE

DEPARTMENT OF FOREIGN AFFAIRS

DEPARTMENT OF JUSTICE

DEPARTMENT OF LABOR AND EMPLOYMENT

DEPARTMENT OF TRADE AND INDUSTRY

FUJII

JAPAN PHILIPPINE ECONOMIC PARTNERSHIP AGREEMENT

JAPANESE CHAMBER OF COMMERCE

NOBUO FUJII

OFFICE OF THE SOLICITOR GENERAL

PHILIPPINE

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