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WEDNESDAY |JANUARY 16, 2008 | PHILIPPINES

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Non-ratification of JPEPA will cause us ‘definite’ losses: Mar


SEN. Mar Roxas II yesterday said there are "calculable and definite" losses if Congress fails to ratify the Japan-Philippines Economic Partnership Agreement (JPEPA).

"Without preempting our committee report, and based on the results of our hearings, I’ve concluded that there is not much gain that is inherent in the treaty, as negotiated, thus far. But the loss arising from not ratifying it is certainly calculable and definite," he said.

Roxas, chairman of the Senate committee on commerce and trade, said his panel, together with Sen. Miriam Defensor Santiago’s committee on foreign relations, is now preparing a draft report to be circulated among senators for review before the month ends.

"I will circulate it among my colleagues and try to convince them to come along on board. With respect to the treaty, it’s a two-thirds [vote] requirement (in plenary). We’ll see what happens, whether in fact the 16 (votes) are available," he added.

As far as the issues concerning the constitutionality and legality of the JPEPA treaty, he said he will defer final judgment to Santiago. He said he has been consulting with Santiago who has so far said "she’s fairly comfortable the Constitutional issues have been surmounted."

Roxas said he believes that JPEPA in and of itself "is not providing us so much" in terms of real gains but its non-ratification would mean definite losses to us. "Whatever potential gains there are in terms of increased market access for Philippine goods into Japan will "require behavior by Philippine businesses and the Philippine government that heretofore we have not seen."

On the other hand, he said non-ratification would mean the exclusion of the Philippines from the free trade area between Japan and members of the Association of Southeast Asian Nations, which will be formalized in a few months.

For instance, he noted that lower tariffs on particular goods exported to Japan may not help much if not enough of these are produced in the first place. In the automotive sector, Roxas said whether or not the treaty is ratified, the Philippines would have to face greater competition with other Asean countries with economic agreements with Japan in the manufacturing of completely built units.

For nurses and caregivers, he said government could help through language seminars and training those who are required to take an exam in Nihonggo. Roxas had earlier said that JPEPA, in and of itself, will not cause the unbridled entry of toxic wastes and hazardous substances from Japan. – JP Lopez

 

 


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