A controversial bilateral trade agreement between the Philippines and Japan promises enormous economic opportunities for Filipinos, among them agricultural producers such as the banana workers and growers in the Davao regions. That, at least, is the Arroyo administration’s line. What they’re not telling the public is that, apart from the environmental hazards it poses, the agreement is a one-sided trade pact that benefits the Japanese more. The agreement, according to some economists, will also set a precedent that will further erode the Philippine economy.
Furor Over JPEPA: Will Davao’s Banana Workers Benefit From It?
