The Semiconductor and Electronics Industries in the Philippines, Foundation Inc. (SEIPI) and Information Technology and Business Process Association of the Philippines (IBPAP) have urged the Senate to immediately ratify the Regional Comprehensive Economic Partnership (RCEP) agreement.
The Regional Comprehensive Economic Partnership (RCEP) Agreement, which will take effect early this year, is the first free trade agreement (FTA) of the Philippines with comprehensive provisions on e-commerce.