Washington: The Philippine government is set to bring up its interest in reviving talks on a free trade agreement (FTA) with the United States during the anticipated meeting between President Ferdinand R. Marcos Jr. and US President Donald Trump. The meeting is expected to take place in April or May, as confirmed by Philippine Ambassador to the US, Jose Manuel Romualdez.

According to Philippines News Agency, the ambassador mentioned in an interview on Tuesday that there is a promising chance that the US government might pursue bilateral FTAs with various countries under the Trump administration. "I think with the new administration of President Trump, there is a chance -- lahat naman ito is, and it should always be that way, kailangan it's a fair type of trade between countries," Romualdez stated. He further noted that the trade surplus in favor of the Philippines is not significantly large compared to other countries, indicating no major trade issues currently exist between Manila and Washington, D.C.

Romualdez highlighted that discussions regarding a possible bilateral FTA had taken place during the first Trump administration, but these talks were stalled due to the Biden administration's reluctance to sign new preferential trade deals. Both leaders have expressed interest in meeting in person, having spoken prior to Trump's inauguration, Romualdez added.

The ambassador also mentioned that the White House is currently preoccupied with various global issues, particularly in Europe, but communication remains ongoing about the meeting agenda and potential schedule. Additionally, Manila plans to convey its interest in importing liquefied natural gas from Alaska, coinciding with the US government's plans to revive the long-delayed USD44 billion gas pipeline project.

Romualdez expressed optimism about the enduring strength of Philippines-US relations under President Trump, noting that the alliance was previously described as "ironclad" during Trump's first term. On Manila's part, the Marcos administration intends to continue engaging with the US while focusing on bolstering the country's economy and defense capabilities. "More than ever, we should learn from what we're experiencing today, that we have to be ready to defend ourselves in the future," the ambassador remarked, emphasizing President Marcos's commitment to strengthening the Philippine armed forces.