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BoC, DTI form TWG to boost trade of strategic goods

(BOC / MANILA BULLETIN)
Under a Memorandum of Agreement signed on Dec. 15, a TWG on strategic trade facilitation (STF) was created to establish communication mechanisms and procedures, organize and implement commodity identification training (CIT) for frontline and enforcement officers, and streamline documentary requirements.
Customs Commissioner Rey Leonardo Guerrero said they entered into an agreement with the DTI in a bid to increase the overall efficiency of the trade environment in the country.
Other parties in the pact are the Strategic Trade Management Office (STMO), Authority of the Freeport of Area Bataan, Clark Development Corp., Philippine Economic Zone Authority, and Subic Bay Metropolitan Authority. ....

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Customs, DTI and other agencies forge accord to facilitate trade

(MANILA BULLETIN)
On December 15, 2020, the BOC entered into a Memorandum of Agreement with the Strategic Trade Management Office (STMO), Authority of the Freeport of Area Bataan (AFAB), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA) and Subic Bay Metropolitan Authority (SBMA).
The partnership aims to establish an effective coordination and cooperation mechanism towards enhanced trade facilitation, optimize information sharing, boost the capability of front liners to identify strategic goods, and reduce the complexity of doing business of legitimate and compliant strategic goods exporters.
This effort, headed by the DTI, is in consonance with Republic Act No. 10697 otherwise known as the “Strategic Trade Management Act” (STMA), authorizing the establishment of STMO to serve as the executive and technical agency of the national government for the establishment of the management systems for the trade in strategic goods. ....

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