PHILIPPINE FASHION & GIFT EXPO 2019

The first Philippine Fashion & Gift Expo 2019 will be held at SMX Convention Center, Manila during 5-8 December 2019.

The Philippines is an Asian economy with 104 million population domestic market and good export potential. The Philippine economy is set to sustain strong growth this year and next. Real GDP grew 6.7 percent in 2017. The IMF team projected that this rate will be sustained in 2018 and 2019 driven by strong consumption and investment. The Philippines¡¯ annual exports rose sharply in 2017 and became the main engine of economic growth, while imports continued to grow by double-digits. For companies in search of market diversification, Philippines is a very promising market opportunity!

FAVORABLE TRADE POLICY
The Philippines is the only ASEAN country that enjoys the EU¡¯s Generalised Scheme of Preferences Plus (GSP+) status, which grants full removal of tariffs to over two-thirds of tariff lines. As a member of ASEAN and WTO, the Philippines have ratified a number of regional free trade agreements to deepen economic integration in the region, including China (ACFTA), Korea (AKFTA), Australia - New Zealand (AANZFTA), Japan (AJCEPA), India (AIFTA) and European (EFTA).

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