THE Philippines has signed an agreement to strengthen regional supply chains under the United States-backed Indo-Pacific Economic Framework (IPEF), Trade Secretary Alfredo Pascual said on Wednesday.
In a virtual briefing, Pascual told reporters that the deal was inked during a November 14 to 15 ministerial meeting in San Francisco, California.
“What has been concluded already is the second pillar [of the IPEF]… and today, we signed the IPEF supply chain agreement which we substantially concluded in May this year,” he said.