Bureau of Customs (BOC) Commissioner Yogi Filemon Ruiz has signed with his Chinese counterpart an agreement that would pave the way for fast and priority treatment of shipments between the Philippines and China.
Ruiz said the Mutual Recognition Arrangement (MRA) he signed with Chinese Minister of
China will deepen its cooperation with all parties concerned to promote the role of Authorized Economic Operator (AEO) agreements and other policy tools to facilitate companies in resolving issues in both exports and imports, thereby boosting the flow of global trade, said Customs officials.