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. A good understanding of these regulations and standards provides for mutually beneficial outcome between trading partners such that trade becomes an avenue to generate resources to support development programmes and in the particular case with TRTA 2, to support the efforts in reducing poverty incidence.
Developing and implementing a trade strategy calls in for effective use of rules, regulations, and standards. The trading arrangement in which the Philippines operates covers beyond bilateral relations. Its trade arrangement also spans regional in the case of ASEAN and international in the case the EU.
Through this component, the technical assistance package consists of four principal activities which are designed to:
- contribute in developing and implementing a national trade strategy that will maximize benefits from trade agreements;
- increase capacity in assessing the costs and benefits of current and future regional and international trade arrangements;
- develop specific recommendations in making international trade conducive to reducing poverty; and
- strengthen relevant government departments and agencies to provide technical assistance to emerging export sectors including services.
Thus, the actions leading to the implementation of the said four activities cover training, mentoring, research, and expert advice to stakeholders. The actions in this component are specified in the accompanying workplan of this link.
