PH expects to boost Halal exports through new deal with UAE
Presidential Spokesperson Harry Roque said that more Halal products are expected to be exported in the United Arab Emirates as a result of an agreement signed between the Philippines and the Arabian Peninsula nation.
To be specific, a Memorandum of Understanding was signed by the Department of Trade and Industry (DTI), through the Philippine Accreditation Board (PAB), and the United Arab Emirates’ Emirates Authority for Standardization and Metrology last week to ease technical barriers on trade.
“The MOU let’s PAB accredited Halal certification agencies. This is a big boost to the country’s growing Halal industry,” Roque said.
According to him, the deal could boost the country’s annual Halal exports average to as much as 1.4 billion dollars this year, compared to the previous year’s average of only 800 million dollars.