Foundation for Economic Freedom, Inc.

BOARD OF ADVISERS:

Gerardo Sicat

Cesar A. Virata

BOARD OF TRUSTEES:

Roberto De Ocampo Chairman Romeo Bernardo Vice-Chairman Calixto Chikiamco President Ernest Leung Treasurer Atty. Ricardo Balatbat III Corporate Secretary Thomas Allen Art Corpuz Felipe Medalla Vaughn Montes Gary Olivar Simon Paterno Gloria Tan-Climaco Francis Valera Atty. Ricardo Balatbat III Executive Director

105 Philippine Social Science Center (PSSC) Commonwealth Ave., Diliman, Quezon City

Telefax: (632) 4532375 (Main Office) Tel No.: (632) 8939602 (Accounting)

Website: www.fef.org.ph Email: fefphilippines@gmail.com / fef@fef.org.ph

FEF STATEMENT ON THE SIGNING OF THE GRP-MILF PEACE AGREEMENT

We, the Foundation for Economic Freedom, congratulate the GRP and the MILF on

the signing of the Comprehensive Peace Agreement with the Bangsamoro.

We also strongly support the passage of a Bangsamoro Basic Law that forms part of

the Comprehensive Peace Agreement and urge Congress to swiftly pass the bill into law.

Passage of the Basic Law will be a giant step toward peace and prosperity in Mindanao.

The lack of peace, law and order, and political instability have been identified as

constraints to doing business in Mindanao. The signing of a peace agreement with the MILF

will help address these constraints. The peace agreement, together with a clear set of

policies and the establishment of strong institutions, will encourage the entry of new

businesses and pave the way toward inclusive growth.

For more information, please check our website: www.fef.org.ph , or contact the following:

Ethel Briones, Program Officer – ebbriones@fef.org.ph /+63 2 453 2375

Ranna Pintor, Program Officer – rannapintor@yahoo.com / +63 2 453 2375