1. Updates on International Trade and Investments Agreements / Negotiations

2. PHILIPPINE INTERNATIONAL TRADE AGREEMENTS: LATEST DEVELOPMENTS
Engagement
Reasons for RP
Membership /
Participation
Latest Developments
ASEAN Free
Trade Area
To Integrate Into a Much Bigger Market
Maintain Regional Competitiveness
Leverage in FTAs with Other Parties
Basic AFTA Milestones: RP Confirms Commitments
CEPT: 100% of Tariff Lines at Zero in 2010
ASEAN to Dismantle Non-Tariff Barriers by 2010
Acceleration of the ASEAN Economic Community
Progress Towards an ASEAN Charter

3. PHILIPPINE INTERNATIONAL TRADE AGREEMENTS: LATEST DEVELOPMENTS
Engagement
Reasons for RP
Membership /
Participation
Latest Developments
ASEAN-China
FTA
Closer Relations with the Next Economic Superpower
Portfolio Diversification
Trade in Goods Agreement in Place
AEM-MOFCOM Signed Trade in Services Agreement January 2007
Negotiations on Investment Agreement ongoing

4. PHILIPPINE INTERNATIONAL TRADE AGREEMENTS: LATEST DEVELOPMENTS
Engagement
Reasons for RP
Membership /
Participation
Latest Developments
ASEAN-Japan
Comprehensive
Economic
Partnership
(AJCEP)
Possibly the Most Logical Economic Partner for ASEAN
Play on Cross-Border Industrial Complementation
Concerns on Trade in Goods Modality
Regional Investment and Trade in Services Provisions
Bilateral EPAs Falling into Place: JMEPA, JTEPA, etc.

5. PHILIPPINE INTERNATIONAL TRADE AGREEMENTS: LATEST DEVELOPMENTS
Engagement
Reasons for RP
Membership /
Participation
Latest Developments
ASEAN-Korea
FTA
Strong Portfolio
Diversification for
the Philippines
Trade in Goods Agreement to be Implemented This Year
Progress on Texts of Trade in Services and Investments; Negotiation on Concessions about to start
Already, RP Benefiting from Korea Shipbuilding Investments, Support for South Rail

6. PHILIPPINE INTERNATIONAL TRADE AGREEMENTS: LATEST DEVELOPMENTS
Engagement
Reasons for RP
Membership /
Participation
Latest Developments
ASEAN-Australia
New Zealand
FTA
Catching Up
with the
FTAs of Competitors
Broad Front Negotiations: Wider But Slower Than Other FTA Negotiations
Drawing up of Sensitive Lists On-Going

7. Further Diversification
PHILIPPINE INTERNATIONAL TRADE AGREEMENTS: LATEST DEVELOPMENTS
Engagement
Reasons for RP
Membership /
Participation
Latest Developments
ASEAN-India
FTA
Further Diversification
Concerns on Trade in Goods Modality
Regional Negotiations Resumed