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Saturday, April 20, 2024

New group to promote PH exports

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A new organization which intends to uplift the export sector and will  also allow more MSMEs to capitalize on the global market has just been formed.

The group, called the Philippine Export Service Providers and Consolidators Association Inc. (PESPCA), likewise intends to elevate the stature of Philippine-made products as a preferred brand, not just among Filipinos abroad, but also in the wider international marketplace.

PESPCA was formally organized following the election of its officers and the holding of its first meeting last July 2 in Parañaque City.

Elected were Tomas Medina as President, Jiten Lalwani as Vice-President, Michael Manalang as Secretariat, Brian Tan as Treasurer, and Angelo Reyes as Public Relations Officer. 

Its newly-installed officers said they will prioritize pressing issues that face the export industry in the era of continuing pandemic, particularly its effects on shipping and logistics, container availability, freight rates, port congestion, and verified gross mass (VGM).

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The group will also initiate dialogues with the government on how to make Philippine exports more competitive and attune with the global standards. 

Among the agencies it intends to partner with are the Food and Drug Administration, the Department of Trade and Industry, and Department of Agriculture. 

PESPCA said close coordination with the said agencies is crucial in addressing export market regulation compliance such as foreign language label attachment, printing of correct date formats and order codes, and bundling of promos. 

The group is also looking to propose a financing program to allow more MSME producers to cross over to overseas markets. To make these possible local businesses need to sustain a 60- to 90-day cash flow. 

It believes that the Philippines is capable of becoming a major food and non-food exporting country. The continued patronage of Filipinos from all over the world serves as a key entry point for more people abroad to try out and eventually become loyal customers of Philippine brands.

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