Trade Policy & Procedures Simplification – Page 2

20th June 2024

EDC and BOC Strengthen Collaboration to Streamline Customs and Boost Trade

The Export Development Council (EDC) has bolstered its collaboration with the Bureau of Customs (BOC) and its consultative bodies, the Central Customs Industry Consultative and Advisory Council (CICAC) and BOC – Ninoy Aquino International Airport (NAIA) CICAC, to streamline customs processes and enhance partnerships between the government and private stakeholders. CICAC acts as a bridge between the BOC and the business-industrial sector, addressing customs and industry-related issues, promoting mutual understanding, and strengthening relationships.

24th May 2024

PH to Launch FTA Portal & Origin Management System with KTNET’s Support

KTNET and INTERCOMMERCE are joining forces to develop an FTA Information Portal and Origin Management System tailored for Philippine exporters.

The overarching aim is to simplify adherence to Rules of Origin, trim operational expenses, and streamline the process for utilization of preferential trade agreements.

19th April 2024

ARISE Plus Philippines spearheads AEO program optimization for Bureau of Customs readiness

ARISE Plus Philippines led the workshop on optimizing the Authorized Economic Operator (AEO) Program for Bureau of Customs Readiness, focusing on advanced supply chain and logistics principles to raise awareness among economic operators.

The workshop comprised six sessions explaining how the AEO program can serve as a Future Game Changer, highlighting its tangible benefits to companies. Coca-Cola Beverage Philippines Inc. (CCBPI) and Toyota Motors Philippines (TMP) shared their experiences with the AEO program. Topics covered included support for Mutual Recognition Arrangements (MRAs), the use of modern technologies to bolster the AEO, the AEO Scheme for SMEs, and initiatives such as green customs and digitalization.

15th March 2024

BOC Cuts Fees for Customs Bonded Warehouses, Backs MSMEs, and Eases Regulations

The Bureau of Customs (BOC) has recently implemented CAO 01-2024, showcasing significant reduction in fees for customs bonded warehouses (CBW), with a specific focus on supporting Micro, Small, and Medium-sized Enterprises (MSMEs) while also streamlining regulatory processes.
This move comes in response to widespread appeals from stakeholders within the industry and seeks to bring uniformity to the diverse fee structures previously in place. One of the key revisions introduced by this order is the reduction in supervision fees, particularly benefiting MSMEs operating as members of CBW.

22nd February 2024

PNP-Firearms and Explosives Office: Advancements, Achievements, and Future Initiatives in Explosives Regulation

The Philippine National Police-Firearms and Explosives Office (PNP-FEO), through the Explosives Management Division (EMD), recently provided crucial updates on the Regulations and Control of Explosives, Explosive Ingredients (EEIs), Controlled Chemicals (CCs), and Firecrackers and Pyrotechnic Devices (FCPDs).

The EMD highlighted their Accomplishments for the CY 2023. Notably, there was a significant increase in the issuance of licenses and permits, totaling 5,924 and amounting to PHP 28,164,221.38. This represents a noteworthy surge compared to the fees collected in 2022, which amounted to PHP 25,798,680.88.

22nd February 202422nd February 2024

Fostering Economic Growth: ARTA’s Drive for Efficient Partnerships and Investment Opportunities

The Anti-Red Tape Authority (ARTA) recently conducted an Economic and Ease of Doing Business briefing to strengthen strategic investment and promote economic opportunities. The event featured Secretary Frederick D. Go, the newly appointed Special Assistant to the President (SAPIEA) for Investment and Economic Affairs.

20th November 202330th January 2024

COMELEC, CBFSC, and ARTA ink MOU on streamlined procedures for issuance of CA-TT during Election Gun Ban period

The Commission on Elections (COMELEC), Committee on the Ban on Firearms and Security Concerns (CBFSC), and the Anti-Red Tape Authority (ARTA) formally ink the Memorandum of Agreement (MOA) simplifying and harmonizing the procedures related to Gun Ban policy issuances, including the Certificate of Authority to Transport (CA-TT) and improved online payment processes.

16th October 202323rd October 2023

BOC and PEZA inks Data Sharing Agreement on E-TRACC Access

The Bureau of Customs (BOC) and the Philippine Economic Zone Authority (PEZA) marked a significant milestone through the official signing of the Data Sharing Agreement (DSA) on Access to the Electronic Tracking of Containerized Cargo (E-TRACC) system. This agreement symbolizes the enhanced efficiency and security of trade and operations within economic zones in the Philippines.

16th October 202323rd October 2023

BOC and DTI to bolster trade facilitation

The Bureau of Customs (BOC) and Department of Trade and Industry-Strategic Trade Management Office (STMO) signed a Memorandum of Agreement (MOA) for bolstering the implementation of Republic Act No. 10697, also known as the Strategic Trade Management Act (STMA), in the Philippines.

24th August 2023

EDC lauds BOC’s Digital Transformation

As a long-time partner in streamlining processes and trade facilitation in the country, the Export Development Council, through its Networking Committee on Trade Policies and Procedures Simplification (NCTPPS), lauds BOC’s buy-in to achieving Digital Transformation.