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President Marcos on Friday thanked South Korea for reinforcing the Philippines’ call for a “brighter and more sustainable future” with its National Assembly’s ratification of the free trade agreement (FTA) between the two nations.
Marcos said he was glad the trade deal between Manila and Seoul was approved earlier than expected.
“We are also thankful to the Republic of Korea for the overwhelming support of your National Assembly for the ratification of our FTA,” he said.
The Chief Executive was in Lucban, Quezon, for the turnover of the Korea Partnership for Innovation of Agriculture (Kopia) greenhouse and postharvest facilities for farmers there.
He said the FTA, which will take effect by the end of the year, will allow many Philippine products, especially tropical fruits, like bananas and processed pineapples, to have better access to the South Korean market.
