The Philippines is stepping up its push for a stronger role in global trade following the 14th World Trade Organization Ministerial Conference, with Agriculture Secretary Francisco P. Tiu Laurel Jr. citing concrete gains alongside unresolved fault lines in negotiations.
At a post-ministerial workshop on Friday, April 24, in Pasay City, Tiu Laurel underscored the continued relevance of the WTO despite geopolitical tensions and economic uncertainty. “MC14 reaffirmed that, even in a complex and uncertain global environment, the multilateral trading system remains active and capable of delivering results,” he said.
The conference also advanced talks on fisheries rules, implemented the Fisheries Subsidies Agreement, and rolled out measures benefiting small economies. It moved forward provisions giving developing countries more flexibility under sanitary and technical trade rules.
The Philippines continues to view the WTO as central to expanding trade and growth, but Tiu Laurel noted that competitiveness will hinge on lowering production costs, improving marketing, and ensuring quality. ### (Photos by Darrel Gultia, DA-OSEC Comms)
