President Ferdinand Marcos Jr. witnessed on Thursday the signing of the Philippines-Korea Free Trade Agreement. President Ferdinand Marcos Jr. and
President Ferdinand Marcos Jr. witnessed on Thursday the signing of the Philippines-Korea Free Trade Agreement.
“Well, the signing of the FTA is certainly a very big step in that regard. It can only be a successful arrangement for both our countries. I look forward to the expansion of the trade agreement between your country and mine,” President Marcos said. South Korean President Yoon Suk Yeol said that he is eager to elevate the strategic partnership between the Philippines and South Korea as he emphasized that the PH-KR FTA “will set another important milestone” in the relationship between the two countries.
President Marcos, meanwhile, thanked Yoon for their financial support for development projects in the Philippines as he looks forward to learning the South Korean experience in terms of energy sources development. Trade Secretary Alfredo Pascual and Trade Minister Ahn Duk Geun signed the PH-KR FTA in the presence of President Marcos and President Yoon on the occasion of the 24th ASEAN-Korea Summit.
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