{"id":151494,"date":"2018-02-06T22:37:17","date_gmt":"2018-02-07T03:37:17","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=151494"},"modified":"2018-02-06T22:37:17","modified_gmt":"2018-02-07T03:37:17","slug":"solon-seeks-senate-nod-of-5-treaties","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/02\/06\/solon-seeks-senate-nod-of-5-treaties\/","title":{"rendered":"Solon seeks Senate nod of 5 treaties"},"content":{"rendered":"
\"The<\/a>
The Budapest Convention on Cybercrime aims to address the threats posed by cybercrime and facilitates multilateral cooperation and enhanced collective capability to suppress cybercrime. (Photo:<\/a> Senator Loren Legarda\/Facebook<\/a>)<\/figcaption><\/figure>\n

MANILA\u2014\u00a0<\/strong>Senator Loren Legarda on Tuesday said she was ready to sponsor five international agreements next week following the conclusion of a public hearing conducted by the Senate Committee on Foreign Relations.<\/p>\n

Legarda, the committee’s chairman, said she would seek the Senate\u2019s concurrence on the following treaties on Monday next wek: the Budapest Convention on Cybercrime; the Agreement Establishing ASEAN+3 Macroeconomic Research Office (AMRO); and three separate Double Taxation Avoidance Agreements (DTAA) between the Philippines and Thailand, Sri Lanka and Mexico.<\/p>\n

The Budapest Convention on Cybercrime aims to address the threats posed by cybercrime and facilitates multilateral cooperation and enhanced collective capability to suppress cybercrime.<\/p>\n

A major feature of the Convention is the track towards the harmonization of domestic legal procedures of state parties, with the intention of, among others, addressing the emergence of so-called \u201csafe havens.\u201d<\/p>\n

These \u201careas\u201d are created when certain activities are not criminalized in a specific country.<\/p>\n

This results in individuals and\/or organized groups being able to act with impunity in committing offenses in these countries.<\/p>\n

“This treaty is very important to protect our people from cybercrime especially since the country is the number one haven for those committing child pornography,” said Legarda.<\/p>\n

According to the United Nations Children\u2019s Fund (UNICEF), the Philippines has become a top global source of child pornography with around 80 percent of Filipino children at risk of online sexual abuse or bullying.<\/p>\n

The Philippines has already committed to the treaty but has yet to sign.<\/p>\n

Meanwhile, the Agreement Establishing the ASEAN+3 Macroeconomic Research Office (AMRO) will constitute AMRO as an international organization with full legal personality.<\/p>\n

It seeks to contribute to securing the economic and financial stability of the region through the conduct of regional economic surveillance and by supporting the implementation of the regional financial arrangement.<\/p>\n

To date, the Philippines is the only ASEAN+3 member state that has not yet ratified the AMRO Agreement.<\/p>\n

In this situation, the country is exposed to reputational risk in terms of its commitment to the ASEAN+3 Cooperation.<\/p>\n

In the meantime, the last set of agreements generally provides for the elimination of double taxation between the Philippines and Thailand, Sri Lanka and Mexico.<\/p>\n

These DTAAs are intended to promote international trade and investment, primarily by allocating taxing jurisdiction between the Contracting States to eliminate or mitigate double taxation on income.<\/p>\n

DTAAs are widely pursued by countries to avoid a situation of discouraging cross national economic activities.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014\u00a0Senator Loren Legarda on Tuesday said she was ready to sponsor five international agreements next week following the conclusion of …<\/p>\n","protected":false},"author":33,"featured_media":151495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[37571,11459,46022],"class_list":["post-151494","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","tag-senate-committee-on-foreign-relations","tag-senator-loren-legarda","tag-solon-seeks-senate-nod-of-5-treaties","mauthors-jose-cielito-reganit","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/151494","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=151494"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/151494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/151495"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=151494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=151494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=151494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}