WTO PH trade policy review: CMTA commendable but business environment stands improvement
The World Trade Organization (WTO) has welcomed the Philippines’ implementation of the Customs Modernization and Tariff Act (CMTA) and other trade facilitation measures, but…
New UN report assesses implementation rate of trade facilitation measures
The global implementation rate of measures on trade facilitation and paperless trade is picking up, although challenges persist, according to a new report launched…
The Philippines has ratified the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA), which is expected to lower trading costs for local businesses once…
Use of customs broker services should be optional—WCO
The World Customs Organization (WCO) said customs brokers’ services should be made optional in keeping with provisions of the Revised Kyoto Convention, although in…
BOC ready to comply with WTO free trade pact once ratified
The Bureau of Customs (BOC) is confident it can meet Philippine commitments to the World Trade Organization’s Trade Facilitation Agreement (WTO TFA) if it…
WTO’s TFA to accelerate enhanced PH customs efficiency—DTI
The ratification of the World Trade Organization’s Trade Facilitation Agreement (WTO TFA) will fast track customs processing in the Philippines, leading to a host…