Friday, October 26, 2007

Philippine Land for Japanese Investors

The Investments Chapter of the JPEPA grants national treatment to Japanese investors and yet the Philippine negotiators made very little exceptions to that commitment. Constitutional protections were simply omitted or conveniently placed under limited sectors.

The rule against ownership of private land by foreigners is only made to apply to the manufacturing and services sector when in fact, the Constitutional rule applies to all sectors.

Observe the following:

1. PIDS JPEPA research:

2. Philippine reservation on private land ownership.Only under the manufacturing sector.

3. Reservations made to apply for ALL SECTORS:

Still no Constitutional violation?

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