The Philippine Exporters Confederation Inc. (Philexport) is calling for the immediate ratification of the Regional Comprehensive Economic Partnership (RCEP), noting that participation in the mega trade deal will hasten the recovery of the country's economy.

In a position letter to the Senate, Philexport said participating in the RCEP has more benefits than disadvantages, even as it called for "safety nets" to cushion the adverse effects of the deal on disadvantaged sectors.

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