DOF urges trade regulatory government agencies to fully on-board TradeNet System 

The Department of Finance (DOF), in collaboration with the Department of Information and Communication Technology (DICT), urges all the 76 Trade-Regulatory Government Agencies (TRGAs) to go on-board the TradeNet for a streamlined and electronic system thru the implementation of CMO 15-2019.  

The TradeNet allows electronic transmission of the Certificate of Origin (eCO) among ASEAN Member States (AMS) through the system’s connection to the ASEAN Single Window (ASW) that commenced last 30 December 2019. 

The DICT owns the source code that makes it more applicable for the Philippines to operate various trade-related applications without the need to pay for a license from a 3rd party. It is also customizable, and the encoded policies can be easily interchanged.  

The Philippines has received 37,036 eCOs from other AMS and the BOC has sent 13 eCOs from January 2020 to 20 June 2020 using the TradeNet platform. With more TRGAs onboard the TradeNet, the Philippines can maximize the Free Trade Agreements (FTAs). 

The National Single Window Steering Committee is set to convene in July 2020 to create and strategize the onboarding work plan for 2020 to 2022.  –MRJ 

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