Zambo exporters laud EU-GSP+; Exporters and SMEs gearing for EU market

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.

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Philippines-Japan Economic Dialogue


Department of Trade and Industry (DTI) Undersecretary Ponciano C. Manalo, Jr. (right) together with Undersecretary Nora K. Terrado (left) receive a token from Japan Chamber of Commerce and Industry (JCCI) Chairman Akio Mimura (center) during the recent Philippines - Japan Economic Dialogue on February 5, 2015 at the Makati Shangri-La. Mimura led a business mission composed of about 100 top-level executives of Japanese companies to the Philippines. The mission intends to advance the bilateral economic relations between the two countries, and explore business opportunities for Japan’s largest conglomerates and small and medium scale enterprises. It ran from February 4 to 7, 2015. (DTI-PRU)

Seeking business partners in PH

seeking busines Department of Trade and Industry (DTI) Undersecretary Ponciano C. Manalo, Jr. (center) welcomes Permanent Secretary Abdulkadir Musa (right) of Nigeria’s Federal Ministry of Industry, Trade and Investment during a call on February 2, 2015 at the Industry and Investments Building in Makati City. Musa led a 30-member high-level business delegation composed of government and private sector individuals. The delegation members intend to look for partnership and joint business ventures in sectors such as maritime, tourism, healthcare, oil and gas, power and alternative energy, business process outsourcing (BPO), housing and construction of malls. They were in Manila from February 1 to 4, 2015. The visit was organized by the Federal Ministry of Industry, Trade and Investment of Nigeria and the Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA). Also in the photo (from left) are Nigeria Export Processing Zone Authority General Manager for private sector zones Oyesola Oyekunle, Federal Ministry of Industry, Trade and Investment Director for Investment Promotion Olanipekun, O.M., and Nigerian Ambassador to the Philippines Akinyemi Farounbi. (DTI-PRU)

Japan’s largest biz group calls on President Aquino

02_05 pnoy_japan buz IMG_6422

President Benigno S. Aquino III (10th from left, first row) poses with members of the Japan Chamber of Commerce and Industry (JCCI) led by their Chairman Akio Mimura (8th from left, first row) during a courtesy call on February 5, 2015 at the Rizal Hall of the Malacañang Palace in the City of Manila. From February 4 to 7, about 100 top-level officials and members of the JCCI were in the Philippines for an economic mission. This mission was organized by the Department of Trade and Industry (DTI), the Philippine Economic Zone Authority (PEZA), the Philippine Japan Economic Cooperation Committee (PhilJEC) and the Philippine Chamber of Commerce and Industry (PCCI). It aims to explore business opportunities for a number of large and multinational corporations, trading houses, and small and medium scale enterprises in Japan. Since 1992, this mission is the first mission led by JCCI’s Chairman. JCCI is the largest business organization in Japan composed of 1.26 million companies. (DTI-PRU)

DTI: Quality is key to taking advantage of EU-GSP+ zero tariffs

ZAMBOANGA CITY – The Department of Trade and Industry (DTI) met with local businesses and government agencies in this city (24 February 2015) to brief them on how businesses can export to any of the 28 member countries of the European Union (EU) duty free.

The Philippines recently became a beneficiary of the EU-Generalized System of Preferences Plus (EU-GSP+). EU-GSP+ is a preferential tariff scheme granted by the European Union to developing countries that meet the very stringent application requirements. The Philippines, currently the only country in ASEAN to be accepted in the scheme, applied for the scheme last year and was accepted formally into the EU-GSP+ on December 18, 2014. With the EU-GSP+ in place, Philippine producers can now export more than 6,000 products to the EU at zero tariff.

“As tariffs go down, we need to work more closely with Philippine businesses to help them navigate the rules of origin requirements and to hurdle other barriers, for instance product standards. We should also be able to build capacity for our MSMEs so that they can export and for our exporters to achieve the quality needed in the EU market,” said Department of Trade and Industry Assistant Secretary Ceferino Rodolfo.

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