Philippine was included to European Union’s General System of Preferences Plus in December 2014. Countries in EU’s GSP+ list are given zero tariffs on exported coconut and marine products, processed fruit, prepared food, animal and vegetable fats and oils, textiles, garments, headwear, footwear, furniture, umbrellas, and chemicals.
“These are granted to countries which ratify and implement international conventions relating to human and labour rights, environment and good governance,” European Commission says.
Being the first ASEAN country to be included in GSP+ list, Philippine producers can now export more than 6,000 products to any of the 28 member countries of the European Union at zero tariff. “We must take advantage of that. It is now part of the promotions of the [Philippine Economic Zone Authority] Director General [Lilia de Lima],” PEZA spokesperson Elmer San Pascual said.
“There are many Chinese manufacturers that are supplying to EU. If you are in China and you supply to EU countries, there will be a big preferential treatment if you will put up your manufacturing plant in the Philippines, and it will be made in the Philippines,” Pascual added.