The European Union expects higher investment flows to the Philippines once a free trade agreement (FTA) is completed, according to EU officials.
EU Delegation economic and trade head Justyna Lasik said European investments in the country remain lower than in other Southeast Asian nations but could increase with improved awareness and market access.
She said the FTA is expected to attract more European investors, particularly in sectors such as renewable energy, agriculture, semiconductors, and electronics.
The Philippines currently benefits from the EU’s Generalized Scheme of Preferences Plus (GSP+), which supports trade growth and potential investments.
Officials also noted that geographical indications are part of the FTA talks, as these help promote product quality, protect consumers, and support local industries.
Source: PhilNews24 | April 30, 2026
EU BOOSTS INVESTMENT OUTLOOK FOR THE PHILIPPINES
Latest from Business
Philippine Airlines (PAL) has received its first-ever “BB” credit rating and a stable outlook from Fitch
PLDT Inc. is open to investing in the proposed AI hub in New Clark City, but
The United States is considering opening all its ports to fresh pineapple exports from the Philippines
The Department of Agriculture (DA) announced the shipment of Guimaras mangoes to Europe and Hong Kong
Growing advances in robotics and artificial intelligence could disrupt key pillars of the Philippine economy, particularly