The Management Association of the Philippines (MAP) on Tuesday expressed hope the European Union (EU) will not remove the country’s zero-tariff export status.

“We fervently hope that the removal of the GSP (generalized system of preferences plus) by the EU countries will not push through. It will make our products less competitive and will seriously impact several industries. It will increase the number of the unemployed among our countrymen at the time when they most need jobs,” said Management Association of the Philippines (MAP) President Francis Lim in a statement.

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