Members of No Deal! stage anti-JPEPA rally at the Japanese embassy

 

The first anti-JPEPA rally since the Senate ratified the treaty.

The first anti-JPEPA rally since the Senate ratified the treaty.

Activists Friday warned the “unequal economic agreements” under the JPEPA would set a precedent for other economic treaties the Philippines would enter into.

“Certainly, the EU will use the JPEPA as yardstick for the trade and investment concessions it will seek from the Philippines in the PCA. The problem is that the country has already surrendered much of its patrimony and economic sovereignty to the Japanese in the JPEPA such as on unrestricted foreign ownership and investment. The Europeans will ask for more, and then the Americans when they negotiate their own FTA with us. What else will be left for the country?” No Deal! JPEPA spokesperson Arnold Padilla was quoted in a statement.

Anti-JPEPA organizations are expected to question the treaty before the Supreme Court. UP Law Professor and International Law expert Harry Roque however said that a conservative court would likely rule for the government, citing the power of the Executive to enter into treaties.

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