The live exchanges of the electronic certificates of origin (e-COs) among the Philippines and the nine other members of the Association of Southeast Asian Nations (ASEAN) via a regional initiative designed to facilitate trade through the online exchange of customs and other border documents has averaged around 8,712 transactions per month since January this year, the Department of Finance (DOF) said.
A report by Finance Undersecretary Gil Beltran show that from January to August this year, about 78,000 transactions were processed through the Philippines’ National Single Window (NSW) or TradeNet, which aims to simplify applications for import and export documents by allowing their processing online.
Beltran informed Finance Secretary Carlos Dominguez III during a recent DOF Executive Committee meeting that the Anti-Red Tape Authority (ARTA) will be included in the NSW Steering Committee to fast-track the streamlining of the various regulatory agencies involved in TradeNet.
“Year-to-date, there are about 78,000 transactions that we have through the National Single Window,” said Beltran, the DOF’s anti-red tape czar.
Aside from the Philippines, the rest of the ASEAN member-states have also gone live and started exchanging e-COs on the ASW. These are Indonesia, Malaysia, Thailand, Singapore, Brunei, Cambodia, Myanmar, Laos and Vietnam, Beltran said.
Customs Memorandum Order (CMO) 15-2019 on the Operationalization of the Issuance of e-COs was signed and issued by Customs Commissioner Rey Leonardo Guerrero on March 18 last year.
TradeNet.gov.ph, which will perform the functions of the government’s National Single Window (NSW), has been interconnected to the ASW, which 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 10 ASEAN member-states.
Once TradeNet is fully operational, Beltran said that traders may apply online for import and export permits for commodities such as rice, sugar, used motor vehicles, chemicals (toluene), frozen meat, medicines (for humans, animals, or fish) and cured tobacco.
The Duterte administration’s goal is to have all 75 trade regulatory government agencies across 18 government departments fully interconnected via TradeNet.
TradeNet will simplify import and export documentary processes covering an initial 7,400 regulated products.
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