BOC, Israel Customs Directorate ink trade facilitation pact

MANILA, Philippines — The Bureau of Customs (BOC) and the Israel Customs Directorate signed a joint action plan, formally establishing customs and trade facilitation between the Philippines and Israel.

Customs Commissioner Ariel Nepomuceno and Israel Customs Directorate Director General Kfir Hen signed the Authorized Economic Operator (AEO) Mutual Recognition Arrangement (MRA) on Monday, July 13.

The partnership is expected to facilitate faster and more efficient customs clearance for qualified exporters and importers, reduce “unnecessary inspections”, strengthen supply chain security, and promote trade and investment between the two countries.

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READ: BOC plans expanded more inclusive trade facilitation scheme

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According to the BOC, the arrangement served as a roadmap for both customs administrations in negotiating and implementing the AEO MRA.

It added that both countries will need to undertake technical assessments, validation visits, and information exchanges before finalizing the MRA.

“Once in place, the agreement will enable both Customs administrations to mutually recognize each other’s AEO programs, allowing accredited traders to enjoy enhanced trade facilitation benefits,” BOC said.

Nepomuceno said the partnership with Israel is aimed at widening and strengthening international customs cooperation, while expanding trade opportunities in the country.

“By working closely with Israel, we are opening more opportunities for our trusted exporters and importers to move their goods faster, more efficiently, and with greater certainty. This is about making government work better for our people, supporting our businesses as they grow beyond our borders, and ensuring that trade remains both secure and seamless,” Nepomuceno said. /gsg

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