BoC working on trade facilitation upgrades in EU-backed project - BusinessWorld Online

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BoC working on trade facilitation upgrades in EU-backed project - BusinessWorld Online
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The Bureau of Customs (BoC) said it is working with ARISE Plus Philippines to improve trade facilitation in a European Union (EU)-backed project. READ:

THE Bureau of Customs said it is working with ARISE Plus Philippines to improve trade facilitation in a European Union -backed project.

The collaboration focuses on creating new policy and procedures for trade facilitation mainly through e-commerce, authorized economic operators, and integrated risk management programs, the BoC said in a statement on Monday. The ARISE project is fully funded by the EU. The implementing agency is the Department of Trade and Industry .

“Business efficiency at all levels is critical to the success of e-commerce. Supply chain management and related logistics are essential components of it. Efficient logistics systems and infrastructure, as well as e-government and capable e-commerce institutions, will be important in ensuring that e-commerce will be ,” DTI Assistant Secretary Glenn G. Peñaranda was quoted as saying.

As part of the initiative, the BoC and ARISE held workshops on trade-related assistance for micro, small and medium enterprises.Luisa Maria Jacinta C. Jocson

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