Legarda, who sponsored the PH-EFTA FTA in plenary, stressed that the agreement was negotiated only with the promotion of fair economic cooperation in mind — one that will enable a business environment conducive for investments and provide opportunities for producers, consumers, and service suppliers alike.
Read MoreSenator Loren Legarda, sponsor of Senate Resolution No. 647, said the measure concurs with the ratification of the FTA between the Philippines and the EFTA states. The resolution was approved with 19 votes, zero negative vote, and no abstention.
“Entering into an FTA with EFTA is part of the country’s strategy to gain a stronger foothold in the European market,” said Legarda, chair of the Senate Committee on Foreign Relations.
Read MoreAccording to Senate foreign relations committee chair Loren Legarda, the Convention remains as the “sole binding international legal mechanism” adopted by countries against cybercrime and is also crucial in fighting child pornography.
“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,” Legarda said in a statement.
Read MoreTHE Senate on Monday concurred in the ratification of the free trade agreement (FTA) between the Philippines and the European Free Trade Association (EFTA) states.
Senate Resolution No. 647, which called for the Senate’s concurrence in the agreement, was approved with 19 affirmative votes, zero negative vote and no abstention.
Senator Loren B. Legarda, who heads the Senate committee on foreign affairs, said the agreement was part of the country’s goal of a stronger foothold in the European market.
Read MoreThe Senate on Monday approved on third and final reading the bill expanding the country’s nutrition and health programs for mothers and children during a child’s first 1000 days of life.
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