June 19, 2017 – the Export Marketing Bureau (EMB) of the Department of Trade and Industry conducted a one-day Information Session on Doing Business in Free Trade Areas (DBFTA) for Batanes at the Pension Ivatan Function Room.
This information session aims to raise awareness on the country’s current Free Trade Area engagements, cover discussions on market opportunities, tariff reductions, rules of origin and customs procedures.
EMB Assistant Director Agnes Perpetua Legaspi first discussed what is EMB – its mandate, objectives and as a Partner in Exports. The EMB is acknowledged as the country’s top-mind lead export marketing agency driving the growth of Philippine exports through strategic promotions founded on a comprehensive base of knowledge which provides exporters the enabling environment to make then globally competitive.
She then explained the Philippine Exports Development Plan (PEDP). This plan consists of eight development plans in positioning local businesses in the global market with products and services that are cost-efficient, high class and competitive.
“Batanes may not be an exporting province today, but with your emerging industries, we hope that in the next few years through this [PEDP Plan] we will be able to export your products in the global market thereby increasing the economic growth of your province,” Ms. Legaspi stressed. She further emphasized that there are numerous opportunities offered by the ASEAN economic integration that would benefit the local Micro, Small and Medium Enterprises (MSMEs) such as in the Province of Batanes, aside from the various Free Trade Agreements undertaken by the Philippines to other countries and regions.
EMB Knowledge Processing Chief, Mr. Vic Soriano presented the Tradeline Philippines that serves as the gateway for information on Philippine trade data, market and product information, trade agreements and online business matching. He emphasized that the Tradeline Philippines has a strategic framework in enhancing the capabilities of local exporters to become competitive in the global market through an ICT-based knowledge building, data capture, processing, sharing and re-use.
Meanwhile, Ms. Maria Jaena Go-aco, Senior Trade and Industry Specialist of EMB discussed the Generalized Scheme of Preferences of the European Union, USA and Russia.
OIC-Provincial Director Marietta B. Salviejo assured the participants particularly the local entrepreneurs that DTI – Batanes will provide necessary assistance and information to those who are interested to export their products in the global market. This information session was attended by local entrepreneurs, members of the Batanes MSMED Council, PCCI – Batanes Chapter, municipal local government units (MLGUs) and the academe.