WELLNESS IN TRADE & INDUSTRY: "Bali Package," could benefit the Philippines' small and medium enterprises (SMEs), particularly exporters, through the Trade Facilitation (TF) agreement. The TF agreement, one of the three pillars of the "Bali Package," has all member states agreeing to implement reforms to promote transparency and efficiency in customs operations. Heading the Philippine delegation to the biannual conference of ministers, Trade and Industry Secretary Gregory Domingo said, "The "Bali Package," which includes the agreement on trade facilitation, complements the government's initiatives to improve customs operations and will greatly benefit our country's small and medium sized enterprises (SMEs) that participate in trade."

Department of Trade and Industry of the Republic o : “Bali Package” advantageous for Philippine exporters: "Together with strong special and differential treatment provisions, the TF agreement will complement the Philippines' initiatives to institute domestic customs administration reforms towards a more efficient and streamlined mechanism for traders, while respecting its implementation capacities. Transparent and streamlined customs procedures, on the other hand, will encourage new and innovative SMEs to enter the mainstream of trade.

DTI Undersecretary for Industry Development and Trade Policy Adrian S. Cristobal Jr. emphasized the advantage of the TF agreement in expanding the Philippines export markets."

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