{"id":141823,"date":"2017-12-26T02:11:54","date_gmt":"2017-12-26T07:11:54","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=141823"},"modified":"2017-12-26T02:11:54","modified_gmt":"2017-12-26T07:11:54","slug":"dti-optimistic-to-retain-eu-gsp-status-in-2018","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/12\/26\/dti-optimistic-to-retain-eu-gsp-status-in-2018\/","title":{"rendered":"DTI optimistic to retain EU GSP+ status in 2018"},"content":{"rendered":"
\"Department<\/a>
FILE: Department of Trade and Industry (DTI) Secretary Ramon Lopez tells (Photo by Albert Alcain\/PPD\/PNA)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0— The Department of Trade and Industry (DTI) remains highly optimistic that the European Union (EU) will continue to grant the Philippines the benefits of Generalised Scheme of Preferences Plus (GSP+).<\/p>\n

DTI Secretary Ramon Lopez told reporters that both the Philippines and the EU signaled to continue engagement on EU GSP+.<\/p>\n

Lopez said it was also echoed by EU Trade Commissioner Cecilia Malmstr\u00f6m when they met during the World Trade Organization (WTO) Ministerial Meeting in Buenos Aires, Argentina early this month.<\/p>\n

\u201cOverall message is we are optimistic they would like to engage us,\u201d he noted.<\/p>\n

During the last quarter of the year, the trade commission of EU regularly conducts a review of the GSP+ granted to the Philippines.<\/p>\n

In a previous interview, Lopez said the EU GSP+ review would focus on the benefits it provided the country.<\/p>\n

An assessment report is expected by January next year and will be forwarded to the EU Parliament.<\/p>\n

The report to be submitted to the EU Parliament will determine if it will continue to grant the GSP+ benefits to the Philippines.<\/p>\n

But the DTI chief said that there is a higher probability that the EU would sustain granting the GSP+ status for the country, as the EU is now \u201cless concerned\u201d with some issues in the country like compliance to the labor law, among others.<\/p>\n

The EU GSP+ allows 6,274 goods from the Philippines to enter the EU market tariff-free.<\/p>\n

For the country to maintain the status, it has to adhere to the 27 international conventions, with EU annually reviewing the country\u2019s compliance with these international pacts.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0— The Department of Trade and Industry (DTI) remains highly optimistic that the European Union (EU) will continue to grant …<\/p>\n","protected":false},"author":33,"featured_media":81410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[1402,40236,40445,5579,3103,40444,12337,13875],"class_list":["post-141823","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-argentina","tag-buenos-aires","tag-cecilia-malmstrom","tag-department-of-trade-and-industry","tag-european-union","tag-generalised-scheme-of-preferences-plus","tag-ramon-lopez","tag-world-trade-organization","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/141823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=141823"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/141823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/81410"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=141823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=141823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=141823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}