The Department of Finance (DOF) and the Department of Information and Communications Technology (DICT) signed the Memorandum of Agreement (MOA) on the full implementation of the TradeNet system. This is a significant way forward in onboarding all 73 Trade Regulatory Government Agencies (TRGAs).

The DOF is in charge of leading the collaboration and coordination within the TradeNet system. At the same time, the DICT is responsible for overseeing the technical maintenance of the TradeNet, as agreed during the ARTA meeting on 04 November 2023.

The Philippines’ National Single Window (NSW), now known as TradeNet, is a platform that provides for the automated and integrated licensing, permitting, clearance, and certification system of the TRGAs relative to the import and export trade of regulated goods.

DOF Secretary Benjamin Diokno and DICT Secretary Ivan Uy led the MOA signing on 06 February 2023 at the Department of Finance. Witnessing the momentous event were Anti-Red Tape Authority (ARTA) Secretary Ernesto V. Perez, Presidential Management Staff (PMS) Senior Undersecretary Elaine T. Masukat, BOC Commissioner Yogi Filemon Ruiz, DOF Officer-in-Charge Undersecretary Dakila Elteen M. Napao, and DICT Assistant Secretary Jeffrey Ian C. Dy. AGPM