Law Summary
Authority and Legal Basis
- The transfer is authorized under Book III, Title III, Chapter 10, Section 31(3) of the Administrative Code of 1987.
- This provision empowers the President to transfer any agency under the Office of the President to other departments or agencies.
Role and Function of the Department of Trade and Industry (DTI)
- DTI is recognized as the main coordinative, promotive, facilitative, and regulatory agency of the Executive Branch for trade, industry, and investment.
- Placing MECO under its supervision is meant to enhance the facilitation of trade, cultural, and economic cooperation between the Philippines and Taiwan.
Amendments to Previous Executive Order
- Executive Order No. 229 series of 2000 is amended specifically in Section 4 to reflect the transfer of operational supervision.
Repeal and Modification of Conflicting Orders
- Any prior orders, issuances, rules, and regulations inconsistent with this transfer are repealed or modified accordingly.
Effectivity Clause
- The Executive Order takes immediate effect upon issuance.
Enactment Details
- Signed in Manila on July 16, 2004, by President Gloria Macapagal-Arroyo and Executive Secretary Alberto Romulo.