The recent development in the European Parliament about to penalize the Philippines of losing its zero Tariff privileges on exports in the EU market is a dire sign, and grim prospect for our export sector.
The size of the market of the EU is great and massive. We cannot just ignore our loss to it, as the country needs to be competitive in our international trade and exports where the economy of the country depends.
Instead of making headway abroad, we are losing this important market, and the increased tariff means less preference of our products in terms of cost and viability, compared to our competitors who had already edged the country in many fronts.
Though there are issued statements by the DTI about the matter, still we have to consider that unemployment here in the country is rising and we are losing our manufacturing sectors and the revenue of the government is dwindling. It is difficult to increase taxes based on the same tax base, we have to enrich the business and commerce area/sector of the country rather than constricting it, and the EU market is a factor.
We have to sell our products abroad, and by growing our manufacturing in the country, it is imperative that we have to nurture the conditions and the conducive environment of our industries. Market is the vital output of our economy and all means must be done in research, studies, and negotiations in order to open new doors for our commerce instead of contraction.
The EU market must be broadened and conquered for more. we have to be effective marketing agents of our products abroad in conformance to the civilized conditions of humanity which is just normal and academic.
The reason of EJKs is solvable. It will only need effective and efficient criminal and justice system in the country which is already functional ever since. It is just needed to be refreshed to attain its goal.
We cannot kill people because of their crimes and errors, the same that we cannot get rid of our shadows as persons, it means, it is inherent, but it can be managed.
