Home/Newsfeed

Philippines Could Be Next To Join TPP

Share Print 0

As President Barack Obama ended his week-long tour of Asia in the Philippines on Tuesday, the country’s Secretary of Trade & Industry told CNBC that the Philippines is eager to join the TPP.

Following Obama’s talk with Filipino President Beningo Aquino, headlines focused on a military pact announced on Monday. The pact will grant a larger presence for U.S. forces, boosting the Philippines’ maritime security; though it was stressed the pact was not aimed at countering China’s military strength.

However, Gregory Domingo, Secretary of Trade & Industry for the Philippines, told CNBC that trade was another a key topic of conversation, noting discussions about the country joining the Trans Pacific Partnership (TPP) had progressed.

via CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

Back to Top