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PIA Press Release
2005/12/03

National Export Congress tackles export targets

Davao City (3 December) -- Participants to the forum on localization of the National Export Congress (NEC) tackled three challenges to meet export targets.

During the NEC localization forum at the Marco Polo Hotel it identified the creation of access to financing whereby concerned authorities are expected to work-out the needed financing of the players in the industry.

Another challenge identified was on building export-oriented culture and the role of education, reviving of trade in agriculture, fisheries and natural resources and legislative agenda.

Engr. Merly Cruz, regional director of the Department of Trade and Industry said that during the pre-congress , there were commitments made.

She said some of the commitments made are the Small Business Corporation's SME Unified Lending Program for National Growth project and the Department of Finance's support in producing integrated database and its committed flexibility in Micro and SME financing.

The Bureau of Customs also has a trade facilitation through e2m Astcuda World Automation Project and its national single window and standardization project.

She said both the government and private sectors had their respective initiatives wherein a study on the magnitude of SME financing needs and MSME's Surety Fund is being undertaken by the private sector. The government's initiative is on SBCorp's financing program.

Cruz also said that there is a raising national competencies in English, Science and Math which the Department of Education is committed to undertake while the CHED focuses on developing the innovation capacity of Philippine Electronics Industry as well as provide scholarships for 200 MS & 60 PhD slots amounting to P65.7 million.

The Department of Environment and Natural Resources commits to revitalize mining in the Philippines as embodied under the National Policy Agency thru Executive Order 270 and to resolve the issue on sustainable source of wood.

The Department of Agriculture meanwhile committed to align domestic quality standards with the international standards and on collaboration with CITEM and PITC on export promotion as well as agri-financing.

Cruz said that under the directive of President Arroyo, the implementation of the "Quick Wins" stated in the NEC scorecards has to be ensured.

The President also directed SBCorp to lead SME financing and to reduce export transaction fees as well as pass new energy conservation law and measures.

The President also ordered that college curricula must be improved to fit exporters' needs.

Cruz said these commitments must be translated into action inorder to respond to the needs of the industry of which continuing dialogues are being done by both private and government to achieve positive results. (PIA/pdbanzon) [top]

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