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Marcos: Gov’t reforms making PH ‘ideal’ export player

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Anjo Bagaoisan, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Radio-Television Malacañang" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/life/03/03/20230303-via-radio-television-malacanang.jpg"/><figcaption>President Ferdinand Marcos Jr. inspects a piece of furniture among various Philippine-made export quality products on display at the Tanyag event of the Center for International Trade Expositions and Missions (CITEM) in Taguig City on March 3, 2023. <em>Screengrab from Radio-Television Malacañang</em></figcaption></figure></div><p>MANILA — President Ferdinand Marcos Jr. on Friday assured the local export industry that his administration is taking steps to improve the Philippines’ competitiveness in the global export market.</p><p>Speaking to exporters, diplomats, and international trade partners at the first “Tanyag” trade networking event of the Center for International Trade Expositions and Missions (CITEM) in Taguig City, the president prided in what he called the “uniqueness” of Filipino products and services.</p><div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="anjo_bagaoisan" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/life/03/03/20230303-via-anjo_bagaoisan.jpg"/></figure></div><p>“I know in my heart that the Philippines is a reliable partner and sourcing destination for various trade sectors such as home, fashion, lifestyle, food, creative, and sustainability,” Marcos said.<br/> <br/>“Since taking office, I have ensured the implementation of initiatives that will make the Philippines an ideal player in the export sector.”</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/life/09/21/22/what-to-expect-from-food-trade-show-ifex-2022">What to expect from 2022 edition of food trade show IFEX</a></li></ul><p>These, he said, include creating “high-value and competitive” products for global use, and implementing reforms to make the country more enabling for businesses.</p><p>Marcos highlighted the government’s ongoing digital transformation initiatives and infrastructure improvement that would help grow the export sector.</p><p>He added local exporters will also benefit from moves to draw investors here—a target of the president’s multiple overseas trips.</p><p>“Our campaign to attract foreign investments are also aimed at facilitating technology and knowledge transfers to local industry and creating a robust export ecosystem within our country,” Marcos said.<br/> <br/>“We are also intensifying our trade promotion activities to help open opportunities for small businesses in the global market.”</p><p>The goal of these initiatives, he said, is to turn the country into a “destination of choice” for doing business.</p><p>Marcos added the DTI will expedite completion of the Philippine Export Development Plan 2023-2028 which will help expand the reach of Filipino exporters and their products.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/08/31/22/philippines-to-aim-for-high-value-exports-dti">Philippines aiming for high value exports in new development plan: DTI</a></li></ul><p>CITEM is the export promotions arm of the Department of Trade and Industry (DTI).</p><p>Aside from organizing international trade fairs here in the country such as IFEX, Manila FAME, and CREATE Philippines, it also represents the Philippines in overseas trade fairs.</p><p>Trade secretary Alfred Pascual at the event said the agency aims to help local micro, small, and medium enterprises (MSMEs) and startups grow and upscale to ready them for export.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/life/01/04/23/30-ph-lifestyle-brands-to-join-trade-show-in-germany">30 PH lifestyle brands to be showcased at international trade show in Germany</a></li></ul><p>“We encourage everyone to champion Philippine products and services and work together to bring them to every continent of the world,” Pascual said.</p><p>“Given Filipinos’ innate creativity and resourcefulness, we are excited for future collaborations between public and private sector to provide the appropriate support and opportunities to make global presence a reality for many Philippine products.”</p><p>The Philippines recently ratified its participation in the Regional Comprehensive Economic Partnership, a free trade deal among 14 nations that economic managers believe will open the country to more markets and create jobs.</p><p>However, some groups believe the RCEP will negatively impact Philippine producers because the country imports more products than it exports.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/02/22/23/neda-says-rcep-to-bolster-ph-position-as-investment-hub">&#x27;Mega-trade deal&#x27;: NEDA says RCEP to bolster Philippines&#x27; position as investment hub</a></li>	<li><a href="https://news.abs-cbn.com/business/02/27/23/govt-urged-to-rethink-rcep-due-to-threats-to-ph-industries">Gov&#x27;t urged to rethink RCEP due to threats to PH industries</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2488354" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

President Ferdinand Marcos Jr. on Friday assured the local export industry his administration is taking steps to improve the Philippines’ competitiveness in the global export market.

Marcos: Gov’t reforms making PH ‘ideal’ export player

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Marcos: Gov’t reforms making PH ‘ideal’ export player

Anjo Bagaoisan,

ABS-CBN News

Published March 04, 2023 12:27 AM PHT

Read More:

Ferdinand Marcos Jr

Bongbong Marcos

exports

Philippine exports

Department of Trade and Industry

DTI

CITEM

Center for International Trade Expositions and Missions

Alfredo Pasucal

economy

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