PH to apply for incentives through EU-GSP+

The Department of Trade and Industry (DTI) has settled talks with the tuna and garments sectors for them to work on the country’s application for European Union’s Generalized System of Preferences Scheme Plus (EU-GSP+), where the union will provide incentives and reduce tariffs to countries in need of sustainable development and good governance.

DTI Undersecretary Adrian Cristobal Jr. said that the tuna and garments sectors will contribute in the revival of domestic manufacturing, as they account for 50 percent of the labor force.