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MANILA, Philippines – The Bureau of Customs (BOC) has begun talks with the Israel Customs Directorate on a deal to speed customs clearance and provide trade benefits to accredited exporters and importers from both countries.
In a statement on Monday, the BOC said it signed a joint action plan with the Israel Customs Directorate on July 13, launching talks on an Authorized Economic Operator (AEO) Mutual Recognition Arrangement (MRA).
READ: BOC unveils 2025 priorities: digitalization, revenue, and trade facilitation
The joint action plan maps out the timeline, activities, and responsibilities for negotiations and the agreement’s implementation.
