FINANCE Undersecretary Gil Beltran said the government’s online trade facilitation platform TradeNet.gov.ph set to be rolled out in December will initially cover rice and six other commonly-traded goods that represent half of the country’s total trade volume.
Beltran said in a statement Monday TradeNet.gov.ph would also perform the functions of the country’s National Single Window that allows traders to use the system to apply for import and export permits for rice, sugar, used motor vehicles, chemicals (toluene), frozen meat medicines (for humans, animals or fish) and cured tobacco.
The NSW, which will eventually be interconnected by December to the Association of Southeast Asian Nations Single Window, is a regional initiative that aims to speed up cargo clearances and promote economic integration by enabling the electronic exchange of border documents among the organization’s 10 member-states.