RP-US FTA : Trade Remedies, Competition Policy and Government Procurement
AbstractThis paper was designed to provide a policy guide in the formulation of the countrys position for RP-US FTA negotiations. After sieving through the relevant treaties and legislation in both the US and the Philippines, it was concluded that the implementation of treaty commitments in trade remedies, competition policy and government procurement in an FTA scenario with the US would be a highly technical endeavor for which the Philippines may not yet have the sufficient competencies to thoroughly comply. Thus, the provisions that shall come out of the final negotiations, if the same do push through, should not bind the Philippines to specific treaty commitments that, in the long run, the country may not be able to enforce and properly abide by. Also, these possible treaty commitments should not exceed the countrys existing international agreements and domestic laws so as not to burden the Philippines with another set of compliance requirements which may divert attention from the primary FTA objective of paving wider opportunities for Philippine products to enter the US market and gearing Philippine industries towards better competitiveness
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Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Trade Working Papers with number 22634.
Date of creation: Jan 2006
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WTO; FTA; Safeguard Measures; Anti-Dumping; Countervailing Measures; competition policy; Government Procurement;
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- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
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