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PH inks Indo-Pacific supply chain accord

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.

From left to right, Damien O’Connor, Minister for Trade and Export Growth of New Zealand, Alfredo Pascual, Secretary of Trade and Industry of the Philippines, Kim Yong Gan, Minister for Trade and Industry of Singapore, Jakkapong Sangmanee, Deputy Minister of Foreign Affairs of Thailand,…

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