Presidential Communications Office Acting Secretary Dave Gomez announced that around 95% of Philippine export products to the United Arab Emirates (UAE) will have zero tariffs under the newly signed Comprehensive Economic Partnership Agreement (CEPA). Speaking to the media on Tuesday, Jan. 13, on the sidelines of President Bongbong Marcos’ visit to the Filipino community in Abu Dhabi, Gomez said most of the products benefiting from the tariff reduction are agricultural. "I think 94-95% of our exports, mostly agricultural products, coming to the UAE, magze-zero tariff na," he added. "The remaining small percentage, that’s where the tariffs will be gradually lowered. It’s reciprocal as well." Gomez noted that the tariff reduction would likely make Filipino goods more affordable for consumers in the UAE. "Yung binibili natin dito [sa UAE] galing Pilipinas, oo naman," he said. The agreement guarantees a stable and non-discriminatory environment for Filipino service providers, including those in IT-BPM, tourism, healthcare, education, construction, and professional services. "Even yung mga kababayan natin sa Pilipinas, lalong lalawak yung oportunidad nilang mag-trabaho dito, kasi kasama yung services doon," Gomez said. "Ang example would be professionals, Filipino professionals can come here and set up their practice." The PCO chief said that businesses in the UAE have expressed strong interest in investing in the Philippines, particularly in sectors such as data centers and renewable energy. "Isa sa priority ng Pangulo natin yung data centers, na maging hub tayo ng data centers sa Southeast Asia," he added. "Other products expected to benefit include bananas, pineapples, canned tuna, electronics, and machinery. Beyond goods, the CEPA also covers services, including sectors where many Filipinos work." "So yung mga agricultural products natin, covered yan, marami. Yung mga ini-import naman natin from the UAE, ibababa rin natin yung taripa," Gomez said.
Philippines, UAE sign landmark free trade deal
The Philippine Presidential Communications Office announced the signing of a CEPA with the UAE, which provides for the elimination of tariffs on 95% of export goods and improves conditions for Filipino specialists in the Emirates.