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- 1EU-Philippines trade deal raises hopes of wider Asean pact●After EU-Philippines trade breakthrough, is Asean-wide deal next?
The European Union and the Philippines have reached a trade breakthrough, reviving long-running negotiations that had stalled since 2017. The agreement with Manila is prompting speculation that Brussels could now pursue a broader trade deal covering the whole Asean bloc, a goal the EU has floated for years as it seeks to diversify economic ties in Asia.