Philippine Agriculture Secretary Francisco Tiu Laurel Jr. engaged with Japanese officials in Tokyo, addressing concerns over the declining market share of Philippine bananas. The discussions with Japan's State Minister of Agriculture Forestry and Fisheries, Hirofumi Takinami, aimed to resolve trade barriers, including tariffs, impacting Filipino livelihoods reliant on the banana industry.
The Philippines proposed a thorough review of the Philippines-Japan Economic Partnership Agreement (PJEPA) to foster a fairer trade climate. Tiu Laurel emphasized the banana sector's importance, especially in Mindanao, as a key economic contributor. He stated, "The Philippines takes great pride in being the leading supplier of fresh bananas to Japan. To sustain and expand this industry, we must push for tariff reductions on our bananas."
Despite being a major supplier, the Philippines' share in Japan's banana market has decreased from 90% in 2012 to 75% in 2024, influenced by past pest issues and Japan's diversification of banana sources. Japan's future zero-tariff plans for bananas from Vietnam and others by 2028 prompted the Philippines to seek similar terms.
Japanese officials suggested addressing the issue within the Regional Comprehensive Economic Partnership (RCEP), but the Philippines prefers bilateral talks, noting differing country needs. Discussions also included enhancing quality standards and maintaining the Philippines' top supplier status.
The Japan Banana Importers Association acknowledged the quality of Philippine bananas, highlighting their freshness due to proximity. The Philippine Pavilion at FOODEX Japan 2025 showcased banana prominence, with 32 Filipino companies presenting export-ready products.
Source: GMA News Online