Law Summary
Participation and Benefits for the Philippines
- The Philippine government recognizes the opportunity to benefit from the GSP.
- Participation in the scheme can enhance the country’s export potential.
Need for a National Certifying Agency
- Implementation rules of UNCTAD require designation of a certifying authority.
- This agency is responsible for issuing certificates of origin for exported products under the GSP.
Designation of the Bureau of Customs as Certifying Authority
- By presidential executive order, the Bureau of Customs is formally designated as the national certifying agency.
- This agency is authorized to issue certificates of origin for Philippine exports covered by the UNCTAD GSP.
- The designation empowers the Bureau to validate that exported products qualify for preferential treatment under the GSP.
Legal Basis and Authority
- The action is taken under the powers vested in the President by law.
- This designation formalizes the Philippines’ compliance with UNCTAD’s rules of implementation.
Formalities and Effective Date
- The executive order was issued in Manila on August 30, 1971.
- The order bears the signature of President Ferdinand E. Marcos and Executive Secretary Alejandro Melchor.