PH, UK boost trade ties with meat trade briefing, reception

0
88
PH-UK boost trade ties with meat trade briefing, reception
As part of its continuing efforts to enhance trade facilitation, the Bureau of Customs on July 30 participated in the Philippine-British Meat Trade Briefing and Reception organized by the British Chamber of Commerce Philippines. Photo from the Bureau of Customs website.
  • The Bureau of Customs recently participated in the Philippine-British Meat Trade Briefing and Reception, organized by the British Chamber of Commerce Philippines
  • The event underscores the ongoing commitment to simplifying trade procedures between the Philippines and the United Kingdom
  • The Philippines is the UK’s second-largest pork export market in Asia, trailing only China
  • UK-Philippines bilateral trade has reached a record high of £2.8 billion ($3.556 billion) 

The Bureau of Customs (BOC) on July 30 participated in the Philippine-British Meat Trade Briefing and Reception, organized by the British Chamber of Commerce Philippines in partnership with the UK Agriculture and Horticulture Development Board.

The event is aimed to enhance trade facilitation between the UK and the Philippines, focusing on streamlining trade processes and the British chamber’s mission of mitigating inflation and ensuring food security, which is essential for maintaining economic stability and public health.

The Philippines has emerged as the UK’s second-largest pork export market in Asia, trailing only China. This significant development has contributed to a record-high UK-Philippine bilateral trade of £2.8 billion ($3.556 billion), according to Alistair White, British Embassy Manila deputy head of mission.

Representing BOC commissioner Bienvenido Rubio, acting deputy commissioner Michael Fermin of the Management Information Systems and Technology group discussed the bureau’s recent regulatory advancements, particularly in trade digitalization.

Fermin highlighted achievements under the BOC’s 5-point priority program, including the implementation of the ASEAN Single Window System, which has simplified cross-border procedures through e-Certificates of Origin, the ASEAN Customs Declaration Document, and electronic Phytosanitary Certificates among ASEAN Member States.

“As an advocate for the continuous improvement of cross-border trade myself, I would like to emphasize the fundamental role this event plays in achieving our goals, fostering stronger international partnerships, driving economic growth, and streamlining our processes to better serve the public and our stakeholders,” Rubio said in a statement.