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Section 1
Composition
Section 1.
Composition.
The Export and investment Development Council shall be composed of the following:
a. Secretary of Trade and Industry ------ Chairman
b. Secretary of Finance ------------------ Vice-Chairman
c. Director-General of ------------------- Member
d. Governor of the Central Bank
of the Philippines ---------------------- Member
e. Four (4) Representatives of
the Private Sector --------------------- Members
The representatives from the private sector shall be appointed by, and hold office at the pleasure of, the President. The majority of the private sector representatives shall be from of the unified exporters association.
Other Cabinet Secretaries can be called upon to attend council meetings and assist the Council in case issues and problems concern their respective Departments.
Section 2
Powers and Functions
Section 2.
Powers and Functions. The Council shall:
a. Provide advice on export and investment development efforts of Government;
b. Periodically review and assess the country's export and investment performance;
c. Identify the main bottlenecks, problem areas and constraints, in all areas/sectors/activities influencing the development of export and investments including, but not limited to, such matters as physical infrastructure policy framework, finance, specialized support services, production, promotion and marketing.
d. Provide advice on specific measures required to remove the bottlenecks/problems constraining the development of export and investment in any of the areas mentioned in (c) above;
e. Create such sub-committees and task forces as may be necessary.
Section 3
Secretariat
Section 3.
Secretariat.
The Department of Trade and Industry, in coordination with the Office of the President, shall act as the Secretariat.
Section 4
Effectivity
Section 4.
Effectivity.
This Order shall take effect immediately.
Done in the City of Manila, this 23rd day of December, in the year of Our Lord, nineteen hundred and ninety-one.
(Sgd.)
CORAZON C. AQUINO
By the President:
(Sgd.)
FRANKLIN M. DRILON
Executive Secretary