Govt to present PEDP action plan in April

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THE Department of Trade and Industry (DTI) will present the government’s policies and plan of action next month on how to reach the country’s export growth target of 8 percent to 9 percent this year despite weak global demand.

The 2015-2017 Philippine Export Development Plan (PEDP), monitored by the DTI and public-private sector group Export Development Council (EDC), contains the current status of the merchandise and service export market, the country’s export targets, and product and market strategies that are expected to boost growth within the three-year period cited.

Trade Secretary Adrian Cristobal Jr. urged government agencies to work together to achieve the export growth goal.

“We are at a strategic turning point in the country’s economic performance. The Philippine economy has never been in such a good shape for a long time. We can, as one government, harness the growth that we have been experiencing in the past six years, increase our exports, and meet the challenges and opportunities of the world market,” Cristobal said.


Cristobal, who also chairs the EDC, said the government and the private sector should continue to collaborate to create an enabling business environment and enhance regional competitiveness.

“We have to move in concert to achieve our export goals. Harmonized policies among government agencies and efficient plans of action in consultation with our stakeholders are key factors for success,” he said.

In line with this, the trade department said its Industry Promotion Group (IPG) headed by Undersecretary Nora K. Terrado will be conducting briefings on the PEDP in key export areas of the country.

“In the DTI’s tradition of stakeholder consultation for policy formulation, we conduct regional briefings to surface and address exporters’ concerns. Our goal is to be able to align appropriate programs that will enhance the capacity of exports producers in different localities,” Terrado said.

The first regional briefing was held last March 16 for the National Capital Region (NCR) and Region 4. Other briefings are scheduled in Davao (Region 11) on March 29, Cebu (Region 7) on March 30 and Clark, Pampanga (Region 3) on April 5.

DTI, lead agency of the EDC, conducts regular meetings to periodically review and assess the country’s export performance, problems and prospects and is also mandated to do biannual validation and updating of the PEDP.

To achieve the targets, the DTI is working closely with the Departments of Agriculture, Energy, Environment and Natural Resources, Finance, Foreign Affairs, Health, Interior and Local Government, Labor and Employment, Public Works and Highways, Science and Technology, Transportation and Communication, the Bangko Sentral ng Pilipinas and the National Economic Development Authority.

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