Is it feasible for the Philippines to enter into a bilateral economic partnership with Japan? What are the issues as well as the challenges and opportunities in pursuing a trading arrangement with Japan?

Economic experts from the government, academe and private sector will try to answer these critical questions in a forum series that the Philippine Institute for Development Studies (PIDS), the Philippine APEC Study Center Network (PASCN) and the Department of Trade and Industry, in cooperation with the Japan International Cooperation Agency (JICA) and the Ministry of Economic Trade and Industry of Japan, will hold in August and September.

In the first forum to be held on August 29, Dr. Erlinda Medalla and Dr. Caesar Cororaton, senior research fellows at PIDS, will present their findings on the potential impact of the proposed partnership with Japan on the whole economy. Dr. Medalla will provide a situationer on the current economic relationship between Japan and the Philippines. She will also discuss the issues as well as challenges and opportunities in entering into a bilateral trading arrangement with Japan. Dr. Cororaton, meanwhile, will provide a quantitative analysis to determine the impact of various scenarios regarding a bilateral agreement between the Philippines and Japan.

The succeeding fora will focus on the impact of the proposed Philippine-Japan free trade partnership on specific sectors such as investment, human resource development, agriculture, export industry, small and medium enterprises, real estate, tourism and hospital care services, among others

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