While there's a large potential to expand our trade and investment relations with EFTA
, the FTA also capitalizes on it since trade goods between the Philippines and EFTA
are non-competing," said Lopez.
Specifically with respect to the EFTA
, the Philippines aims to:
has had to adapt to an evolving external economic environment and the challenges and opportunities that have been created by a rapidly globalising world.
has mirrored the EU's efforts in this area and now has 26 free trade agreements covering 36 countries.
The declaration is to be concluded keeping in view a possible signing of such declaration at the following EFTA
Ministerial meeting on 26 November, 2012 in Geneva.
press statement sent to Arab News said that the EFTA
ministers "welcomed the addition of the FTA with the GCC to the expanding EFTA
network of preferential trade relations.
pact was first proposed at an EFTA
ministerial meeting in December 2000.
Under the EFTA
, the Board has a broad mandate to determine coverage when electronic services are offered by entities other than traditional financial institutions.
By contrast, EFTA
as a grouping accepted only intergovernmental cooperation.
and the EEC are two very unequal partners: EFTA
consists of six small states, while the EEC consists of twice as many member states.
In its accompanying white paper, "Debit and Stored Value Cards for Government: A Growing Trend, but States Could Do More," EFTA
outlines areas of potential growth for prepaid debit cards, as well as the organizational, technical and regulatory barriers to adoption.
647, said the measure concurs with the ratification of the FTA between the Philippines and the EFTA