Economic Section

The Economic section is responsible for the conduct of diplomatic relations between the United States and the Philippines across the full range of economic, environmental, and science and technology issues. It represents U.S. views and interests to the Philippine government and the private sector on economic issues. It also analyzes and reports on economic developments in the Philippines to United States Government agencies responsible for the development of international economic policies. The Economic Section follows general economic trends and policies, investment, trade policy, civil aviation, intellectual property rights, telecommunications, the development of the financial sector, industrial development, environment, science and technology. 

U.S. Embassy Hosts Intellectual Property Rights Dialogue with U.S. Industry and Philippine Government

Read the USTR Trade Barrier Report for the Philippines (pdf document)

2006 Special 301 Report

Read the latest Philippine Economic Outlook

Links to Other U.S. Government Agencies

Philippine Economic Outlook (Acrobat version)
 

May, 2006 issue (pdf document)

June, 2005 issue (pdf document)
November, 2004 issue (pdf document)
October, 2003 issue (pdf document)
October, 2002 issue (pdf document)
March, 2002 issue(pdf document)
October, 2001 issue (pdf document)
June, 2001 issue (pdf document)
February, 2001 issue (pdf document)

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Other U.S. Government Agencies 

Economic policy in the United States is developed by a wide range of Cabinet-level departments and independent agencies. The National Economic Council, part of the Executive Office of the President, was established by President Clinton at the beginning of his first Administration to coordinate the nation's economic policy under the President. 

The Department of State staffs the Economic Sections of U.S. Embassies around the world and plays a coordinating role in developing international aspects of American economic policy. 

The Department of the Treasury has primary responsibility for the United States' international ecnomic policy, particularly in the field of financial and fiscal policy. The Treasury Department also develops tax policy, manages the country's debt and regulates parts of the financial system. The Internal Revenue Service, U.S. Customs Service, the U.S. Secret Service and the Comptroller of the Currency all fall under the Treasury Department. 

The Department of Commerce is responsible for a wide range of economic policy functions, including the implementation of anti-dumping and countervailing duty laws, the licensing of sensitive exports, and the promotion of American exports. The Co>mmercial Service promotes American exports and assists American business through offices throughout the United States and in U.S. Embassies overseas. 

The Department of Agriculture works to ensure a safe, affordable, nutritious and accessible food supply, to expand global markets for agricultural and forest products, and to reduce hunger in America and around the world.

The Department of Labor works with employers and workers to ensure appropriate wages, safe work places, and equal employment opportunities.  The Department also publishes a wide range of wage, labor and other economic statistics.

The Department of Energy is a leading science and technology agency whose research supports U.S. energy security, national security, and environmental quality.  The DOE also houses the Energy Information Administration, an independent agency which collects, analyzes and publishes a wide range of U.S. and international energy statistics.

The Department of Transportation is responsible for ensuring the efficiency, safety and reliability of the U.S. transportation infrastructure.  DOT houses organizations such as the Federal Aviation Administration, the U.S. Coast Guard, the National Transportation Safety Board and the National Highway Traffic Safety Administration.

The United States Trade Representative serves as the President's principal advisor, negotiator and spokesman on trade, commodity and direct investment policy.  USTR chairs the Trade Policy Review Group to coordinate U.S. Government positions on international trade and trade-related investment issues.

The Federal Communications Commission's task is to encourage competition in all communications markets and to protect the public interest.  The FCC develops and implements policies concerning interstate and international communications by radio, television, wire, satellite and cable.

The International Trade Commission supports both the Administrative and Legislative branches of the U.S. government by determining the impact of imports on U.S. industries and directing actions against unfair trade practices.  ITC also updates and publishes the Harmonized Tariff Schedules of the United States.

The Patent and Trade Office administers U.S. patent and trademark laws, and also advises the administration on trade related aspects of domestic and international intellectual property rights protection.