This will will create lot of jobs: http://www.philstar.com/business/2015/12/23/1535399/philippines-sets-talks-free-trade-deal-eu
It is the perfect recipe for unbridled corruptioon at all levels and After getting stitched up once, European firms, will not even bother to export puncture repair kits to the Philippines. It make a nice article, with loads of attractive soundbites, but in reality, I am afraid it will come to very little. They will never give up custom duties for nobody. They will never do away with the bureocracy and various costs involved for blue ribbons, red ribbons, vignettes, this office tax, that office charge, Tom, Dick and Bong-Bong brown envelopes.... Great piece of writing, yes, but ain't going anywhere. Methinks.
