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BOC and UNESCAP cooperate for e-trade data exchange study

The Bureau of Customs (BOC) and the United Nations Economic and Social Commission for Asia and the Pacific cooperated on research for an electronic trade data exchange.  The partnership falls under the UN Framework Agreement on Facilitating Cross-border Paperless Trade in Asia and the Pacific (CPTA). This UN treaty aims to expedite the implementation of digital trade facilitation measures for trade and development between ESCAP and the Philippine Bureau of Customs.

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Creation of Single Operating System for all gov’t transactions in the works

The Presidential Communications Office (PCO) confirmed that PBBM has allowed the creation of a single operating system for all government transactions to improve bureaucratic efficiency in the country and also as part of the ease of doing business program of the country in the sectoral meeting convened last 11 April 2023. 

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COMELEC and ARTA partners toward streamlining processes during COMELEC Gun Ban

The Commission on Elections (COMELEC) and the Anti-Red Tape Authority (ARTA), together with the Department of Information and Communications Technology (DICT), the Philippine National Police-Firearms and Explosives Office (PNP-FEO), Landbank, and the Semiconductor industry, will create a Technical Working Group (TWG) to streamline and harmonize PNP processes on the application of the Certificate of Authority to Transport (CA-TT). 

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BOC and ARISE+PH: AEO Program addresses Security Measures with Mutual Recognition

To boost export competitiveness of Philippine products, the Bureau of Customs (BOC) together with ARISE+ PH advocates for the nationwide information campaign on the implementation of the Authorized Economic Operators (AEO) Program.  Several countries, including Indonesia, Moldova, and the EU, shared their learnings and experiences on the AEO Program during the workshop.

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RCEP ratification foresees massive export and import growth

The Senate concurred voting 20-1-1 on the ratification of the Regional Comprehensive Economic Partnership (RCEP), the world’s largest Free Trade Agreement (FTA) by far among Asia-Pacific nations, on 21 February 2023.  The RCEP is a Free Trade Agreement (FTA) that aims to establish a modern, comprehensive, high-quality, and mutually beneficial economic partnership framework to liberalize and facilitate trade in goods and services. It will also create a liberal, facilitative, and competitive regional investment. Economists supported this, particularly the National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan, who is optimistic that this FTA will fuel the Philippines’ economic growth. 

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PSAC linked partnership with government towards economic growth

The Private Sector Advisory Council (PSAC) linked strong partnerships with the government towards economic growth.  Mr. Sabin Aboitiz – PSAC Lead Convenor and President and CEO of Aboitiz Group, laid out the country’s economic policy directions with the government. The PSAC focuses on six sectors, mainly on 1) Digitalization, 2) Basic Infrastructure, 3) Agriculture, 4) Healthcare, 5) Tourism, and 6) Jobs. 

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ITC Synergizes with BOI and ARISE Plus Philippines to strengthen Industrial policy

The International Trade Centre (ITC), in collaborative partnership with the DTI Board of Investments (BOI) and ARISE Plus Philippines, jointly synergized a Public-Private Dialogue (PPD) on ‘Innovating Industrial Policy in the Philippines. The initiative aims to explore and strengthen industrial policies as follows:

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Philippines Way Forward to Full Digitalization

Technology undeniably benefits society. Mr. Anthony Patrick Chua, Philippines Lead Staff of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC), expounded on the topic entitled “Facilitating the digital led transformation in the Philippines’ – Opportunities and Challenges” which covers the following current legislative measures benefitting the Philippines and the region: (1) Public Service Act; (2) Foreign Investment Act; (3) Retail Trade Liberalization Act; and (4) E-Commerce Roadmap.

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