Connect with us

Hi, what are you looking for?


TradeNet MoA expected to be signed next month

THE Anti-Red Tape Authority (ARTA) said improvements to the TradeNet online platform are expected to be approved and rolled out by early December.

In a statement on Thursday, the ARTA said it met on Nov. 4 with the Department of Information and Communications Technology (DICT) and the Department of Finance (DoF) to iron out the remaining issues with the draft memorandum of agreement (MoA) to be entered into by the two departments.

According to the ARTA, the MoA has been held up since 2019, but signing is now expected in the next few weeks.

“The TradeNet is now connected to the ASEAN Single Window System and is undergoing technical improvements,” the ARTA said.

Following the meeting, the DICT agreed to lead TradeNet’s technical operations, such as its management and maintenance, while the DoF will lead the onboarding of 73 Trade Regulatory Government Agencies (TRGAs) onto the platform.  

TradeNet seeks to reduce the processing time and synchronize the permit procedures for imports and exports. It is expected to increase trade between the Philippines and other Southeast Asian countries.  

The platform allows the government to transact and exchange customs and other trade-related documents with other Southeast Asian countries.

“ARTA will monitor all the agencies on their compliance with the mandatory onboarding (onto the) TradeNet platform. This is to simplify and harmonize the permitting and licensing processes concerning imports and exports of the 73 TRGAs which was the purpose of ARTA’s previously issued Memorandum Circular,” ARTA Officer-in-Charge and Undersecretary Ernesto V. Perez said. — Revin Mikhael D. Ochave

You May Also Like


Arizona Republican gubernatorial candidate Kari Lake joined Tucker Carlson on Wednesday night. Kari told Tucker Carlson that they will start to see the election...

World News

WASHINGTON — The biggest challenge facing central bankers now is bringing inflation down, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday,...


According to 2022 exit poll data, unmarried women voted far more for the Democrats while married women voted more for Republicans. Here is the...


Real America’s Voice correspondent Ben Bergquam reported on Steve Bannon’s War Room that Patriots in Maricopa County are planning a peaceful and patriotic rally...

Dislaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 All Rights Reserved. Spirit