EXPORT stakeholders will meet on Dec. 7, 2022 to discuss ways to implement a new export plan that aims to expand demand for exports and ease supply-side constraints to expansion as they continue to face challenges amid the lingering pandemic.
The administration’s Philippine Export Development Plan (PEDP) for 2023 to 2028 is targeted to be launched during the National Export Congress at the Philippine International Convention Center, which is the culminating activity of the yearly celebration of National Exporters’ Week (NEW).
“The next Philippine Export Development Plan is more aggressive, highlighting technology and stronger collaborations towards innovation, skills upgrading, and integration to help counter the negative impacts of issues such as red tape, supply chain disruptions, increasing business costs, climate change, and other challenges,” Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz Luis Jr. said.
New PEDP
The new PEDP has an overarching goal of transforming the Philippines from an exporter of commodities and intermediate goods to an exporter of high-value products and services.
It is envisioned to take an industry development-centric approach to boost export competitiveness by attracting export-oriented investments in innovation-driven sectors to increase product and service diversification.
During its keynote address, Ortiz-Luis will tackle leveraging private-public partnerships while Trade Secretary and Export Development Council (EDC) chairman Alfredo Pascual will zero in on pursuing an industry development-centric approach to export growth, sustainability, and competitiveness.
“The thematic discussions and activities during 2022 NEW aim to capacitate Philippine exporters, particularly micro, small and medium enterprises (MSME) as they go through their exporting journey from developing their products and services, creating their marketing and promotion strategies and delivering to their customers,” Trade Promotions Group assistant secretary Glenn Peñaranda said.
Economist and Brain Trust Inc. chairman Cielito Habito, leader of the PEDP planning facilitation team, will present the new export plan during this year’s NEC.
National Economic and Development Authority Secretary Arsenio Balisacan, Finance Secretary Benjamin Diokno, and Agriculture Undersecretary Mercedita Sombilla have been invited to participate in the panel reaction.
President Ferdinand Marcos Jr. is also expected to deliver the keynote address “Export as the Economic Lynchpin” at the event.
The theme for this year’s NEW will focus on paving the way towards “Exporting Breakthroughs.” This theme underscores the need to harness experience, expertise and knowledge of both public and private stakeholders in international trade to build on our competitive advantage, gain flexibility and resilience, and cultivate a competitive mindset among all stakeholders to achieve/realize exporting breakthroughs. (PHILEXPORT NEWS AND FEATURES)