Approving the Philippine Export Development Plan 2018-2022

June 26, 2019

MEMORANDUM CIRCULAR NO. 62

APPROVING THE PHILIPPINE EXPORT DEVELOPMENT PLAN 2018-2022 AND DIRECTING THE CONCERNED AGENCIES TO REVIEW ALL RELEVANT POLICIES TO ENSURE THE IMPLEMENTATION THEREOF

WHEREAS, Article II, Section 5 of Republic Act (RA) No. 7844 or the "Export Development Act of 1994" provides that the President shall approve the Philippine Export Development Plan (PEDP) prepared by the Department of Trade and Industry (DTI), which shall form part of the Philippine Development Plan (PDP);

WHEREAS, the PDP 2017-2022 emphasizes a strategic external trade policy regime which enables Philippine enterprises to successfully compete in global markets and provide employment opportunities for Filipinos;

WHEREAS, synchronizing the period of the PEDP with that of the PDP will be conducive to harmonizing the implementation of programs and to the continuity and consistency of policies and innovative strategies for boosting export growth and increasing job opportunities for Filipinos;

WHEREAS, Section 7 (a) of RA No. 7844 mandates the Export Development Council (ExDC) to approve the PEDP, and coordinate, monitor and assess its implementation; and

WHEREAS, the ExDC has endorsed the PEDP 2018-2022 for approval of the President in its Resolution No. 2 (s. 2018);

NOW, THEREFORE, pursuant to the provisions of Article II of RA No. 7844, the attached PEDP 2018-2022 is hereby APPROVED.

Within sixty (60) days after the effectivity of this Circular, all concerned government agencies shall submit to the ExDC and the Office of the President an inventory of relevant policies, programs and action plans which are aligned with the strategies under the PEDP. These agencies shall implement such policies, programs and action plans to boost export growth and ensure the free flow of goods, in accordance with the PEDP 2018-2022, PDP 2017-2022 and Memorandum Circular No. 27 (s. 2017).

The ExDC shall ensure the biannual validation and updating of the PEDP pursuant to the provisions of RA No. 7844 and in the context of the PDP.

This Circular shall take effect immediately.

DONE in the City of Manila, this 26th day of June, in the year of Our Lord, Two Thousand and Nineteen.

ATTACHMENT

Philippine Export Development Plan

Published in the Official Gazette, Vol. 115, No. 28, p. 6989 on July 15, 2019.