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Philippines: Govt moves to reduce trade barriers
Philippines: Govt moves to reduce trade barriers
Friday, 8 July 2016 – THE government is taking steps to reduce bureaucratic measures and regulations—also known as non-tariff measures (NTMs)—that serve as barriers to Philippine trade.
In a statement, Trade Undersecretary Nora K. Terrado said the Department of Trade and Industry (DTI) is now pushing for “legislative priorities” in the 17th Congress to address the roadblocks, especially in the transport and logistics sector, to make local exporters more globally competitive.
These include the amendment of the Philippine Ports Authority (PPA) and Civil Aviation Authority of the Philippines (CAAP) Charter in order to separate the regulatory and operator functions of both agencies. Read More?