Printer Friendly

Lapena: Discrepancy on data exports from China to PH discussed in bilateral meeting.

By Betheena Kae Unite

The discrepancy on data exports from China to the Philippines has recently been discussed in a bilateral meeting in Beijing, China, Customs Commissioner Isidro Lapena said.

Lapena recently confirmed that a memorandum of agreement (MOA) between the Bureau of Customs and its Chinese counterpart will be signed as they have "agreed on several matters on the exchange of information to address the significant trade disparity."

The Customs chief even said "it was a successful trip."

Lapena attended early this month the first-ever Global Cross-Boarder E-Commerce Conference hosted by the World Customs Organization and the General Administration of China Customs.

"We have agreed on several matters and will come up with an MOA to be signed during the visit of the high officials of China at doon naka-emphasize'yung exchange of information and data exchange among others (and it was emphasized there the exchange of information and data, among others)," Lapena said.

"Included in the MOA is the capacity building as well as to address the huge discrepancy of data export of China to the Philippines," Lapena added.

This is the result of undervaluation by some of the customs employees, he said.

"Ibig sabihin, there is undervaluation somewhere. Ito 'yung nangyayaring benchmarking, you declare na 'yung value ganun lang (That means there is undervaluation somewhere. This is benchmarking, you declare the value as (small) as that," Lapena said.

He again blamed the collusion happening between the importers and the players within the bureau.

It can be recalled that the Customs bureau was ordered by the Department of Finance last year to check the discrepancy with China.

CAPTION(S):

Bureau of Customs (BOC) Isidro Lapena (Czar Dancel / MANILA BULLETIN)

COPYRIGHT 2018 Manila Bulletin Publishing Corp.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:National
Publication:Manila Bulletin
Geographic Code:9PHIL
Date:Feb 19, 2018
Words:280
Previous Article:Senate OKs bill granting consumers the right to keep their mobile phone numbers for life.
Next Article:NBA All-Star 2018: Team LeBron rallies to down Team Stephen.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters