In a press conference for Regional Comprehensive Economic Partnership (RCEP) held three days after the Senate concurred on its ratification of the free trade agreement, Senate President Pro Tempore Loren Legarda expressed her confidence that RCEP will help expedite the country’s pandemic recovery.
She cited the Asian Development Bank (ADB)’s recognition of the value of RCEP in boosting pandemic recovery stating that, “The signing of the RCEP among 15 members provides crucial momentum to redouble their strong commitment to pursuing free […]
Amidst the continuing warnings of the agricultural sector on the ratification of the Regional Comprehensive Economic Partnership (RCEP), Senate President Pro Tempore Loren Legarda calls for a massive shift on how we do agriculture in a changing climate.
“Change is inevitable, I want us to take this opportunity to make the necessary shifts to resiliency and to protect our food supply. Business as usual cannot continue, but subsidies for the same type of agriculture also must go,” she stated.
The RCEP is […]
MESSAGE OF SENATE PRESIDENT PRO TEMPORE LOREN LEGARDA
Press Conference on RCEP
23 February 2023
Sponsoring the ratification of the Regional Comprehensive Economic Partnership Agreement is a zigzagged and potholed road because the most vulnerable of our sectors, our farmers and fisherfolk were against it.
We have had a trade deficit for six decades, buong buhay ko na po ito at kamakailan ay lalong tumataas pa. The sectors opposed to this treaty have had their hopes dashed, their expectations unfulfilled, their pleas unheard. On […]
As the Senate concurred in the ratification of the Regional Comprehensive Economic Partnership (RCEP) on Tuesday, Senate President Pro Tempore Loren Legarda emphasized that the international pact could help advance the country’s agricultural sector, and the nation’s economy adapt to the fast-changing global trade. She said that an innovative approach that sen. Pres. Zubiri and she did was to create an oversight committee to strictly monitor the government agencies’ support programs for msme, and the agriculture sector. The resolution the […]
Senate President Pro Tempore Loren Legarda has urged for a stringent implementation of the guidelines included in the Resolution concurring in the ratification of the Regional Comprehensive Economic Partnership (RCEP).
The rules were based on previous dialogues with the affected industries, specifically the agriculture sector. Legarda has ensured that their issues and concerns will be addressed when the Upper Chamber concurs in the ratification of the RCEP.
Legarda said her support for the treaty requires the commitment of concerned government agencies, as […]
