Zamboanga City - Exporters and businesses in Region 9 are set to take advantage of the European Union’s Generalized System of Preferences Plus (EU-GSP+).
At a briefing held recently in this city by the Department of Trade and Industry (DTI) on “Doing Business with the EU using the GSP+,” Permex Producer and Exporter Inc. President Edgar Lim acknowledged the work of DTI in obtaining market access for Philippine exporters to Europe. “The ball is on our side. It’s there – more than 6,200 products that we can export to EU at zero tariff. It is up to us to deliver and to take that opportunity,” Lim said. Permex is one of the leading canned tuna and canned sardines producers in the country.
Some 80 exporters, SMEs, and members of the academe based in Region 9 and coming from as far as Tawi Tawi participated in the “Doing Business with the European Union (EU) using the Generalized Scheme of Preferences Plus (GSP+)” information session held here in Zamboanga City last 24 February 2015.
The Philippines was accepted as an EU-GSP+ beneficiary country last December 2014. DTI projects that with the implementation of the EU-GSP+, exports to EU may increase by as much as 10 percent. The agency also said that more than 200,000 jobs will be created.Continue reading