Monday, 4 May 2015

Philippines Plans Laws To Aid Shipping Sector

The law to facilitate navigation in and out of the Philippines could enter into force before the elections next year, said a main commercial source.

Several legislative initiatives are underway, Sergio Ortiz-Luis R Jr., president of the Confederation of exporting Philippines, said the first quarter meeting of shareholders. "We are delighted that three of them seem to have a chance of approval in May 2016."

For carriers, the most important initiative is approved by the invoice number 2364 Senate Committee, which would allow foreign ships to call at various ports, still carrying loads of import and export, thus reducing freight costs. "This would allow importers and exporters to co-load on foreign ships to go inside or outside the jurisdiction of the Philippines," said Ortiz-Luis Jr.

Co-loading is where a sea carrier bound for another destination specified by loading, transport and unloading of containers in cargo van from another carrier bound for the same destination. However, 57 years, tariff ceilings and Customs Code of the Philippines that only ships carrying a registration certificate of the Philippines.

"This development is a key measure of competitiveness because it [micro, small and medium enterprises] that import or export of goods will be able to access cheaper in transporting their goods through alternative co-cargo vessels foreigners, "said Ortiz-Luis Jr  ...

Customs is also involved with the modernization of the Customs Act and Tariff (CMTA), bringing Philippine law on par with global best practices, he said.

"You have exceeded the level of the Committee of the House and the Senate is accelerated with our active participation," said Ortiz-Luis Jr.

Complementing this is moved by the Bureau of Customs (BOC) to simplify procedures and increase computerization fewer documents, which applies with greater force under a new Commissioner of Customs, said Ortiz-Luis Jr.

"We have seen in the repeal of the inspection of the cargo container, removing the 'March list" that may hinder the loading operations, the consolidation of lists of regulated imports and computerization between BOC Economic Zone Authority and the Philippines, AWB, and soon shipping Bill ".