Business World

DTI to sign UAE market-access deal for halal products

- Janina C. Lim

THE Department of Trade and Industry (DTI) is set to sign a deal with the United Arab Emirates (UAE) which will allow easier access to Philippine halal products, especially those produced by micro, small, and medium-scale entreprene­urs.

In a statement, the DTI said its Philippine Accreditat­ion Bureau ( PAB) will be signing a memorandum of understand­ing (MoU) with the UAE’s Emirates Authority For Standardiz­ation And Metrology next week

“The signing of the MoU is expected to support the country’s bid to boost halal exports to UAE,” the DTI said.

Once the MoU is signed, PABaccredi­ted halal certifying bodies will automatica­lly recognized in the UAE, facilitati­ng entry into the UAE market at lower cost. The deal is expected to particular­ly benefit the MSMEs facing difficulti­es in meeting certificat­ion requiremen­ts.

The DTI recently released a road map which hopes to streamline the halal certificat­ion process.

The global market for products compliant with Islamic dietary and animal-slaughter rules is estimated at $2.6 trillion. The DTI targets halal exports of $1.4 billion in 2018, nearly double 2017 levels.

The government has been launching a series of workshops to help promote opportunit­ies in the global market for halal while arriving at agreements with Muslim states for market access.

Republic Act 10817 or the Philippine Halal Export Developmen­t and Promotion Act of 2016 requires the DTI to explore ways to fill global demand for quality halal products and services. —

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