Section 4
SEC. 4.—Powers and Functions of the Export Council. The powers, functions, and duties of the Export Council established under the provisions of this decree shall include the following: To develop a national export strategy to be approved by the President of the Philippines that is based on national economic policies and which reflects both immediate and medium-term objectives defined by specified performance targets; As a component of the national export strategy, to develop annual, medium-term, and long-range programs of developmental and promotional activities designed to achieve the objectives of the national export strategy, taking into ac count the production capacity of Philippine industries and the opportunities present in export markets; To recommend to the President, the assignment to other government, semi-government and private institutions functions and responsibilities denned in the approved national export strategy; to determine and recommend for approval budget allocations required to fund such assigned functions and responsibilities in order to assure the successful implementation of approved programs of action; To study and recommend specific government assistance measures that will encourage increased production and will enable exportable commodities to become more competitive in international markets; To identify obstacles to the export of specific products and commodities in world markets, and to recommend appropriate measures for the removal of these obstacles; To assist producers, exporters, and government agencies including export and industry authorities, government and private trading organizations, and Philippine missions abroad in the promotion of Philippine products and commodities; To assess policies and programs of government agencies and private sector organizations engaged or involved in activities allied to or affecting Philippine international trade, such as forwarding, brokerage, shipping, insurance, ware housing, financing; and to recommend or adopt measures to improve their contribution to increasing competitiveness of Philippine exports in world markets; To encourage the organization of cooperative trading organizations and other forms of joint export marketing by producers/exporters to attain increased leverage in international marketing; To undertake or cause to be undertaken any other activities essential to the achievement of the objectives and intent of this decree; and To exercise such other powers and undertake such other functions as may be assigned to the Export Council by the President of the Philippines.