THE Department of Trade and Industry (DTI) is seeking to conclude a preferential trade agreement with Turkey with the intention of helping revive the Philippine textile industry. “We are evaluating whether a preferential trade agreement is possible. We see an opportunity for sourcing certain strategic products,” Trade Undersecretary Ceferino S. Rodolfo told on the sidelines of the first Garments and Leather Goods Expo held recently in Pasay City. He cited the potential for sourcing raw materials like cotton from Turkey to supplement other sources like China, South Korea, Indonesia and Vietnam. In turn, the Philippines can offer electronic products, tropical fruit and automotive parts.

Share