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MORGANTOWN - The European Union (E.U.) Ambassador to the United States visited Morgantown to speak on the West Virginia University campus.

Portugal native Joao Vale de Almeida spoke to a capacity crowd of students, faculty and residents about the connections between the United States and the E.U. Almeida's visit was part of the College of Business and Economics Distinguished Speaker Series.

Almeida discussed a growing global society, in which the economies of one country, or one place, are tied to the rest of the world. The Ambassador also took audience questions, many of which focused on the mounting tensions between Russia, the U.S. and the E.U.

The Transatlantic Trade and Investment Partnership (TTIP) was also a topic of discussion. The partnership is currently being negotiated between the U.S. and the E.U., and would remove trade barriers between the two.

Almeida will next visit Governor Earl Ray Tomblin in Charleston. The Ambassador will also meet with state economic development officials, and discuss ways to improve the state's financial position, globally.

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By Louella D. Desiderio, The Philippine Star

MANILA, Philippines - European businessmen back the governments plan to conclude the scoping for the free trade agreement (FTA) between the European Union (EU) and the Philippines by the end of the year as an FTA would pave the way for more opportunities for both European and Philippine firms.

We fully support the move to get closer to an EU-Philippines FTA and are happy that DTI (Department of Trade and Industry) is moving forward decisively, European Chamber of Commerce of the Philippines vice president Henry Schumacher told The STAR yesterday.

The FTA will be good for Philippine and EU businesses and will widen the scope of cooperation and partnership between companies, especially SMEs (small and medium enterprises), he added.

Trade undersecretary Adrian Cristobal Jr. confirmed the government is aiming to conclude scoping exercise (for the EU-Philippines FTA) this year.

The DTI had earlier asked government think-tank Philippine Institute for Development Studies (PIDS) to come up with studies to determine how the country could benefit from the proposed FTA.

The DTI has conducted nationwide consultations with different stakeholders on the proposed deal.

Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Aside from having a bilateral agreement with the EU, the Philippines also wants to enter into an FTA with the European Free Trade Association (EFTA) which groups Iceland, Liechtenstein, Norway and Switzerland.

Cristobal said earlier the Philippines hopes to sign a declaration for economic cooperation with ministers of the EFTA by June.

The joint declaration would serve as basis to continue the discussions and eventual negotiations, if feasible, for an FTA.

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European businessmen back moves to get closer to PH-EU FTA