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Lack of local textile avert PH from taking full benefits of EU zero tariffs

Related Keywords: accessories, build its own textile industry, costly power, duty free entry, EU GSP plus, garment should have local content, import of raw material, inputs, lack of local textile industry, Philippines textile industry, relaxation of rules, temporarily export, textile export

Philippine’s inclusion in the EU’s GSP plus provides duty free entry to the EU for some of the most important Philippine exports, including and textiles has come as a gift but there are rules of origin for exports to enter duty free which is preventing the country from enjoying the expanded preferential treatment on exports to the European Union due to absence of local textile industry.

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