Swiss envoy urges PH to ratify free trade deal

SWITZERLAND is urging the Philippines to ratify a free trade agreement (FTA) that will benefit both Swiss and Filipino producers and consumers.

“Both Swiss and Filipino producers will profit from input goods at lower prices. Both Swiss and Filipino consumers will have access to lower priced products and a wider choice of products. The increased competition will foster productivity gains,” Ambassador Andrea Reichlin of Switzerland said in a statement Friday.