Trade agreements in Philippines
The Philippines is an essential participant in global commerce. The country has over the years actively sought trade partnerships for the purposes of enhancing globalization, attracting investments and economic growth. The policy of trade to the Philippines is open and proactive in nature with the aim of growing export volumes and encouraging foreign investments. In […]
Import duties in Philippines
A vital part of the Philippines’ trade laws and economic structure, import tariffs serve to safeguard local businesses, provide income, and control the flow of products into the market. The Customs Modernization and Tariff Act (CMTA) is the main law governing these levies, which serve the government’s economic objectives while guaranteeing adherence to global trade […]