BOC-PORT OF CEBU PROMOTES PH-EFTA FREE TRADE AGREEMENT

BOC-PORT OF CEBU PROMOTES PH-EFTA FREE TRADE AGREEMENT

BOC-Port of Cebu District Collector Charlito Martin Mendoza

By Junex Doronio

CEBU CITY — In consonance with its commitment to promote free trade agreements vital for the country’s economic recovery from the pandemic, the Bureau of Customs-Port of Cebu under District Collector Charlito Martin Mendoza, on Friday highlighted the benefits of local traders with the advancement of the Philippines-European Free Trade Association Free Trade Agreement (PH-EFTA FTA).

Mendoza bared that the PH-EFTA FTA allows local traders exporting to EFTA member states to apply for “Approved Exporter” status with the BOC, which grants them the privilege to prepare an Origin Declaration for their exports instead of securing a Certificate of Origin.

The BOC-Port of Cebu top honcho participated as a panelist on Friday, October 28, in a luncheon meeting hosted by the European Chamber of Commerce of the Philippines (ECCP) with Ambassador Alain Gaschen of the Embassy of Switzerland.

ECCP, in partnership with the Embassy of Switzerland and the Consular Office of Switzerland for Visayas and Mindanao, organized the meeting to discuss the promotion of the PH-EFTA FTA.

Mendoza discussed the BOC’s Authorized Economic Operator Program to enjoy privileges such as self-assessment and exemption from renewal of accreditation requirements, as well as the remedies of provisional goods declaration and tentative assessment of goods.

He pointed out data on imports and exports from and to EFTA member states as he reported on the preferential tariffs availed since the Agreement’s implementation.

Mendoza stressed that with the guidance of Commissioner Yogi Filemon Ruiz, the Port of Cebu commits to actively participate in the government’s push towards promoting free trade agreements vital for the country’s economic recovery from the pandemic. (ai/mtvn)

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