PH could lose billions of dollars in trade deals over death penalty, EJKs - EU
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MANILA, Philippines -- The European Union warned on Friday that the country could lose billions of dollars in trade deals if the government restores capital punishment, fails to stop extrajudicial killings and lowers the age of criminal liability.
“We are concerned about some of the issues here in the Philippines: the reinstatement of the death penalty, also the extrajudicial killings and the proposal to lower the (age of) judicial responsibility age to 9 years -- and these (are) also some of the concerns that we have conveyed to our partners here in the Philippines,” European Trade Commissioner Cecilia Malstrom told reporters on the sidelines of the ASEAN-EU Business Summit in Pasay City.
Malstrom said the restoration of the death penalty -- the bill restoring capital punishment has been passed by the House of Representatives and will soon be up for deliberation by the Senate -- could affect the review of the Generalized System of Preference Plus, or GSP+, between the EU and the Philippines.
The agreement aims to grant the Philippines zero duties on some 6,274 locally-made products.
The EU trade official explained that the agreement requires Philippine ratification of 27 international conventions on human and labor rights, environmental protection, and good governance, among others.