EU Threatens to Rescind Trade Agreements, Preferential Treatment over Extra Judicial Killings

The Department of Interior and Local Government confirmed that the European Union (EU) threatened trade sanctions against the Philippines over the government’s war on drugs during a recent meeting in Brussels. The group threatened to abrogate the 27 trade agreements and stop the duty-free importation of Philippine products in Europe. The EU is the country’s fourth-largest trade partner, which reached $6.8 billion in the first half of…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.