Trade Related Technnical Assistance

About Trade Related Technical Assistance 2

The European Union (EU) has recast its development efforts on trade as a vehicle to help developing countries reduce their poverty incidence and provide sustainable opportunities for growth.

Since the establishment of the Doha Development Agenda (DDA) as the trade-negotiation round of the World Trade Organisation (WTO), the EU has strongly advocated open rules-based trade negotiation to ensure fair, free, and safe trade. On October 2007, “the EU adopted the EU Aid for Trade Strategy to help developing countries to better integrate into the rules-based world trading system and to more effectively use trade in promoting the overarching objective of eradication of poverty in the context of sustainable development” (European Communities, 2008).
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TOP STORIES

Shrimp paste condiment goes to London
Posted: 5/27/2010

Two traditional Filipino dishes, the pinakbet and kare-kare, only become cooking delights when shrimp paste is added to taste or served as a side dish, respectively. Shrimp paste is a condiment that enhances the flavours of dishes that would ordinarily be a simple mixture of sauteed vegetables and meat. The growing Asian population in Europe is a veritable and underserved market for shrimp paste. This is the reason behind the current move of Global FoodSolutions Inc. (GFSI) to diversify its markets with London being the initial market in Europe for its Philippine-made bottled shrimp paste. read more >>

Philippine fishery and aquaculture exports remain strong with continued TRTA assistance
Posted: 5/13/2010

Total exports of Philippine fishery and aquaculture FA products to the EU (European Union) remained high in 2009 with an estimated value of USD192 million, data from BFAR-ASPCU (Bureau of Fisheries and Aquatic Resources-Administrative Support and Product Certification Unit) based on health certificates issued by BFAR Head Office and BFAR Regions 9 and 10 indicate. Philippine FA exports increased by 30 percent from 2007 to 2008 but experienced a decline of 14 percent (or about USD32 million) in 2009 as compared to 2008. read more >>

TRTA COMPONENTS

TRADE POLICY AND EXPORT DEVELOPMENT

Trade activities are governed with certain rules, regulations, and standards between and amongst countries which bear strong influence over the level of goods and services to be traded.

STANDARDS HARMONISATION AND SANITARY AND PHYTOSANITARY CONFORMITY

> TECHNICAL BARRIERS TO TRADE

> SANITARY AND PHYTOSANITARY

CONFORMITY

The products and services that are being traded are subject to certain regulations and standards. These regulations and standards ensure that what are being traded conform with the requirements for safe and fair trade. This component is made up to two complementing focal points. The first, deals with regulations and standards for safety; and the second, with the official acts dealing with accreditation function.

TRADE FACILITATION

The Trade Facilitation Component is designed to enhance competitiveness in international trade transactions by way of re-engineering customs institutional and infrastructural systems in the country to attune them to customs administration standards founded in the Revised Kyoto Protocol.

RAPID RESPONSE FACILITY

The component will provide government with short-term technical assistance to effectively respond to unforseen technical needs and emerging trade related issues. An amount of 42 million pesos of the total TRTA 2 development package has been earmarked for the Rapid Response Facility (RRF).