Department of Trade and Industry (DTI) and Philippine Exporters Confederation Inc. (PHILEXPORT) signed a Memorandum of Understanding (MOU) during the Export Development Council Meeting on 11 June 2024 to formalize the partnership between the two organizations in promoting the Free Trade Agreements (FTAs) benefits.

Under the MOU, DTI and PHILEXPORT will collaborate on key initiatives such as conduct of a trade education and advocacy (TEA) campaign which includes regular dialogues and consultations on FTAs, Preferential Trade Agreements (PTAs), Economic Partnership Agreement (EPAs) and other similar accords; carry out capacity-building activities and mentorship programs for exporters; and provide networking and linkage opportunities for businesses and industry associations. Continue reading → DTI and PHILEXPORT collaborates to promote Free Trade Agreement benefits 

The first successful use of the ATA Carnet for temporary admission took place in Switzerland on October 20, 2019, with subsequent operations following in Belgium, China, and Russia. During the pilot phase, participation was limited to selected Customs offices in these four countries. The tests verified that the eATA system functions effectively and that the ICC’s digital tools meet expectations. To support the adoption of eATA Carnets by national Customs agencies, the WCO ATA/Istanbul Administrative Committee approved a standardized notification template on November 16, 2020.

The ATA Carnet is an international Customs document allowing duty-free and tax-free temporary admission of most goods for up to one year. It streamlines the Customs process for countries, businesses, and border agencies by providing unified, ready-to-use declaration forms and eliminating the need for a guarantee, bond, or cash deposit in the country of temporary importation
Continue reading → BOC revision of rules in Ata Carnet