The Philippines Export Development Council aims to ensure that Philippines shall be a globally competitive exporting nation. The Export Development Council is a Government and Private Sector Partnership. It continually evolve policies and necessary legislative action that ensures the effective and efficient implementation of export development plans, strategies and programs under Philippines Export Development Plan (PEDP).
The Export Development Council was created by virtue of Republic Act 7844, otherwise known as the Export Development Act of 1994. It was created with the purpose of developing and overseeing the implementation of the Philippines Export Development Plan(PEDP) and coordinating the formulation and implementation of policy reforms to support the Plan.
Powers and Functions
- Approve the Philippines Export Development Plan (PEDP) for its submission to and approval by the president and its integration into the Medium-Term Philippines Development Plan (MTPDP).
- Periodically review and assess the country's export performance, problems and prospects.
- Identify the main bottlenecks, problem areas and constraints in all areas/sectors/activities which influence the development of exports.
- Mandate specific departments and agencies to attend to the bottlenecks and problems constraining the development of exports.
- Ensure export quality control by overseeing the formulation and implementation of quality control guidelines.
- Impose sanctions on any government agency or officer or employee or private sector entity that impedes efficient exportation of Philippine goods.
- Recommend to congress any proposed legislation that would contribute to the development of exports.
- Submit quarterly reports to congress.
- Conduct continuing studies on policies and recommend measures relative to the rationalization of the government's export promotion and development.
- Formulate the policies for the granting of incentives to exporters.
- Adopt such policies, rules, procedures and administrative systems Grant and review the accreditation of the organization of exporters.
- Issue Standards and Policies to be observed By Local Government Units (LGUS) in order to: (a) ensure that LGUS' plans and budgets are supportive of agri-industrial growth and export competitiveness thrusts of the national government and (b) ensure optimal allocation of expenditures.
Last Updated on: 28-01-2010