THE Export Development Council (EDC) said it will downgrade the export targets for 2025 and beyond contained in the Philippine Export Development Plan (PEDP).
“We are definitely revising it downward because of the many uncertainties in the global environment,” EDC Executive Director Bianca Pearl R. Sykimte told reporters on the sidelines of National Exporters Week.
“But we are quite optimistic with the Trump administration that hopefully it will provide us a window of opportunity to pursue a bilateral free trade agreement with the US,” according to Ms. Sykimte, who is also the Trade department’s Export Marketing Bureau director.
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