The Philippines has begun rolling out preferential tariffs under its newly signed free trade agreement (FTA) with the United Arab Emirates, as Manila accelerates efforts to seal more trade pacts ahead of hosting ASEAN in 2026.
Trade Secretary Cristina Roque said the UAE deal is now in effect, immediately granting tariff reductions on key Philippine exports, including agricultural products, semiconductors, minerals, and other goods.
“We just signed the FTA with the UAE. So for the preferential tariff, it starts already now,” Roque said during a logistics event in Makati on February 11, underscoring the agreement’s immediate impact on exporters.
Roque stressed that stronger supply chains and logistics networks will be critical as trade volumes expand under new agreements. He added that President Ferdinand Marcos Jr. is on track to be remembered for signing the most FTAs during a single presidential term.
Manila is also pushing to conclude negotiations for an FTA with the European Union within the year, with a formal signing targeted for 2027.
Separate agreements with Chile and Canada are likewise expected to be finalized in 2026. The Philippines is also eyeing potential deals with Brazil and other markets to widen export access.
Roque pointed to improving export performance as evidence of the country’s growing competitiveness, noting that the Philippines has regained its position as the world’s second-largest banana exporter. The government is also working with Japan to expand market access for more Philippine products.
With ASEAN 2026 on the horizon, Roque urged businesses to participate in upcoming Department of Trade and Industry-led events designed to attract foreign investors and deepen regional economic partnerships.
The Philippines is shifting into higher gear on trade liberalization—and betting on logistics to keep pace.
