MANILA, Philippines — The former chiefs of the Departments of Trade and Industry (DTI) and Finance (DOF) are in favor of amending the 1987 Constitution's economic provisions. Former Trade Secretary Ramon Lopez and former Finance Secretary Margarito Teves shared their views on the proposed Charter change (Cha-cha) during the Senate committee on constitutional amendments and revision of codes hearing on Thursday. 'We, therefore, welcome the efforts, whether through a Charter Change or the enactment of laws, in removing these economic restrictions and any barrier that limit foreign participation in investments, and economic activities,' Lopez said.

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