The Export Marketing Bureau (EMB) of the Department of Trade and Industry (DTI) held series of seminars on Doing Business in Free Trade Areas (DBFTA) and Generalized Scheme of Preferences (GSPs) on June 15 & 16, 2016, in Quirino and Nueva Vizcaya, respectively. The DBFTA program is an initiative which aims to increase the awareness of Filipinos regarding the benefits of free trade agreements (FTAs) and GSPs.
Participants, which included exporters, would-be exporters, businessmen, government agencies, local government units, faculty members, and media men, attended the seminars to learn more about the export opportunities in the EU, US, Canada, and other FTA trading partners of the Philippines.
Discussions focused on agricultural products considering that both Quirino and Nueva Vizcaya are landlocked provinces. Both provinces have numerous opportunities of exporting agri-food products since the Philippines’ largest exports to the world comprise of fresh and processed foods, alongside electronics and parts of vessels and airplanes. At present, worldwide consumer trends are leaning towards health and wellness, uniqueness and individualism, and convenience.