- The BTI plays a crucial role in BARMM’s economic landscape by:
- Facilitating Trade: The BTI facilitates domestic and international trade by providing support for trade-related activities such as import-export documentation, customs clearance procedures, trade financing options, and trade facilitation measures to streamline trade processes.
- Market Development: The BTI focuses on developing and expanding markets for BARMM products and services. This includes market research and analysis to identify market trends, consumer preferences, and export opportunities, as well as market promotion activities to showcase BARMM products to local and global markets.
- Trade Policy Formulation: The BTI contributes to the formulation of trade policies, regulations, and standards that govern trade activities within BARMM. It works to ensure compliance with trade agreements, tariff schedules, and trade regulations to create a conducive trade environment for businesses.
Estimated reading time: < 1 min
Views: 13