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  • No-win for Manila in Jpepa, Roxas concedes
     
    By Butch Fernandez
    Reporter
     

    EVEN before the ratification vote could be taken by the Senate, Sen. Manuel Roxas II conceded that Filipinos are locked in a no-win situation over the controversial Japan-Philippines Economic Partnership Agreement (Jpepa), largely owing to the weakness of the government’s trade negotiators.

    Roxas, cosponsor of the Jpepa committee report submitted for floor deliberations last week, confirmed that the trade accord’s key provisions heavily favor Japan.

    But if the Senate rejects ratification of the lopsided agreement, he said the Philippines would be at a great disadvantage with neighboring nations that also trade the same goods and services with Japan.

    “Although the Jpepa would not benefit Filipinos much, it would be far more harmful to not pass it and be left behind by other Association of Southeast Asian Nation members trading with Japan,” Roxas said over the weekend. “Some say we could have gotten more. Others claim we gave up too much.”

    Roxas added: “Let me be candid. I, too, feel that we could have negotiated better. We could have gotten more.”

    He said the choice before the Senate, which resumes floor deliberations on the trade treaty in Monday’s session, is not the present Jpepa versus another Jpepa “that we can pick and choose from.”

    “The choice before is the present Jpepa versus no Jpepa, and an uncertain future as to when it could be renegotiated again and what terms we could actually obtain at that future time,” he added.

    Roxas recommended that in order to address environmental concerns in the Jpepa, the Executive should transmit to the Senate the Basel Ban Amendment, which would widen the coverage of hazardous substances banned for export, to include items for recycling.

    “It is about time that the Senate reviews and consults with stakeholders on the need to ratify the amendment to the Basel Ban Convention,” he said, adding that “the important thing is to get started with the discussions.”

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