EU and Philippines reach substantial free-trade agreement
The European Union and the Philippines agreed a “substantial” deal in free-trade talks, according to European Commission President Ursula von der Leyen.
The European Union and the Philippines struck a "substantial" agreement on a free-trade deal, as persistent geopolitical shocks and tariffs underscored the need to look for new trade partners. European Commission President Ursula von der Leyen said she reached the agreement with the Philippines.