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The Department of Finance said Friday it is pushing for the full implementation of an international merchandise passport or “ passport for goods ” in a bid to provide wider access for local businesses to leverage opportunities in foreign markets and showcase Filipino-made goods in the global scene.In a statement, the DOF said the ATA Carnet forms part of its ongoing efforts to enhance the ease of doing business in the Philippines.
”Apart from reducing the cost of exporting goods, the DOF added that ATA Carnet promotes trade efficiency as it simplifies customs procedures through a single document for all customs transactions, and makes arrangements for entry to many countries in advance at a predetermined cost.The merchandise passport will also help facilitate the re-entry of the product to any contracting country since it eliminates the need to register goods with the contracting country at the time of departure.
Passport For Goods International Merchandise Passport ATA Carnet
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