Manila, Feb. 13 -- Finance Secretary Ralph Recto said Thursday the recently signed double taxation agreement (DTA) with Cambodia would help improve the integrity of the Philippine tax system.

"By eliminating tax barriers and ensuring a fair and transparent framework, we are not only attracting greater foreign investments into the Philippines but also reinforcing our trade ties within the region. This will position us as a strong and reliable economic partner," Recto said.

The DTA was signed by Recto and Cambodia's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn on Feb. 11, 2025.

The signing was witnessed by President Ferdinand R. Marcos Jr. and Prime Minister Samdech Moha Borvor Thipadei...