Marcos backs proposed Philippines-India trade pact

Photo credit: The Manila Times

President Ferdinand Marcos Jr. called for the creation of a Philippine-India Preferential Trade Agreement (PTA) on August 5, 2025, during a meeting in New Delhi.

He directed the Department of Trade and Industry (DTI) to lead the Philippine side in initiating the agreement.

The announcement was made during a CEO Roundtable Meeting with Indian business leaders.

Marcos stated that the PTA would serve as a platform to enhance economic cooperation between the two countries.

He proposed the formation of a joint working group on trade and investment between the DTI and Indian counterparts.

Marcos referred to his state visit to India as highly productive.

Related posts

Raffy Tulfo, wife disclose P1-billion combined wealth

Ombudsman says Remulla has been cancer-free for 18 months

DENR flags overpriced flood control works pegged at P500,000 per meter