Philippine Leather Goods Industry Expo 2018 will be held at SMX
Convention Center, Manila during 23-26 August, 2018.
Philippines is an Asian economy with 104 million population
domestic market and good export potential.
The labor force in leather industry has increased 10 times in
recent years due to the import tax exemption to USA and EU via
Generalised Scheme of Preferences GSP and GSP+. Many international
branded leather goods are manufactured in Philippines due to their
repeatable workmanship. Hence, high quality leather tannery,
synthetic leather and leather goods machinery are needed.
country is projected to be the fastest-expanding major ASEAN
economy over the next 5 years. As one of the few ASEAN countries
that have not plunged into negative growth in the past year, the
Philippines has a stronger standing than many of its peers. 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