Senate Approves on 2nd Reading the Cybercrime Convention, Agreement Establishing AMRO, and Double Taxation Avoidance Treaties

Senator Loren Legarda, Chair of the Senate Committee on Foreign Relations, on Monday (February 12) sponsored five resolutions seeking the Senate’s concurrence in the ratification of five treaties, namely, Double Taxation Avoidance Agreement (DTAA) Between the Philippines and Mexico, Agreement Establishing the ASEAN+3 Macroeconomic Research Office (AMRO) as an International Organization, DTAA Between the Philippines and Thailand, Budapest Convention on Cybercrime, and DTAA Between the Philippines and Sri Lanka. On Tuesday, the Senate approved the five treaties on second reading. The agreements are scheduled for approval on third and final reading onFebruary 19.