Constitution of a Textile Exports Board ( Letter of Instructions No. 325 )

October 6, 1975

LETTER OF INSTRUCTION NO. 325

 

In line with the declared policy of Government to extend assistance to export-oriented enterprises and to maximize economic benefits that can be derived from Philippine exports to the United States of garments and textiles, the present members of the Embroidery and Apparel Control and Inspection Board with the addition of one representative each from the Export Processing Zone Authority, the Export Processing Zone Chamber of Exporters and Manufacturers and the Garment Business Association of the Philippines, to be appointed by the Secretary of Finance, are hereby constituted into a Textile Exports Board and directed to implement the Textile Agreement between the Republic of the Philippines and the United States of America. The Textile Exports Board shall promulgate the rules and regulations for the effective implementation of the aforesaid Agreement, subject to the approval of the Secretary of Finance.

The representative of the Export Processing Zone Authority shall be nominated by its Chairman-Administrator and the representatives of the two organizations shall be nominated by the respective Presidents thereof.

The Board of Investments is directed to organize the Technical Staff for the Textile Exports Board. For this purpose, the Board of Investments is authorized to advance the expenses of said Technical Staff from the Exports Promotion Fund, subject to full reimbursement thereof by the users of the Export Quota allocated by the Textile Export Board.

Immediate compliance of this order is hereby enjoined.

DONE in the City of Manila, this 6th day of October, in the year of Our Lord, nineteen hundred and seventy-five.