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PRESIDENTIAL DECREE NO. 685
PRESIDENTIAL DECREE NO. 685 -
AUTHORIZING GOVERNMENT REPRESENTATION IN THE CONFEDERATION OF
PHILIPPINE EXPORTERS, INC., EXTENDING THE USE OF GOVERNMENT FACILITIES
TO SAID CONFEDERATION, PROVIDING ASSISTANCE FOR PROJECT IMPLEMENTATION,
AND FOR OTHER PURPOSES
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WHEREAS,
the Confederation of Philippine Exporters, Inc., a non-stock,
non-profit association of individuals, corporations, associations,
partnerships, cooperatives and other institutions engaged in the export
business or in servicing or financing of exports, is the only voluntary
organization in the Philippines which integrates the private sector
into a single corporate body in order to perform the vital function of
assisting the Government in the development, promotion and expansion of
the country's export trade;chanroblesvirtualawlibrary
WHEREAS, in order to assist the Confederation of Philippine Exporters,
Inc., in accomplishing its important role, it is necessary for the
government to recognize it as a private entity dedicated to a public
purpose, and to extend every possible assistance to insure its success.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order and decree, as part of the laws of the land, the following:cralaw:red
Section 1. Declaration of Policy. — It is hereby
declared the policy of the State to actively encourage the
participation of the private sector in the development, promotion and
expansion of the Philippine export trade.
Section 2. Objectives. — The Confederation of
Philippine Exporters, Inc., hereinafter referred to as COPE, shall have
the following objectives:cralaw:red
1) To help promote and expand the export trade of the
Philippines;chanroblesvirtualawlibrary
2) To provide a forum for all persons, associations,
and other institutions concerned with the export trade for the purpose
of recommending ways and means to effectively improve and expand
Philippine exports in particular, and promote the public interest in
general;chanroblesvirtualawlibrary
3) To promote greater cooperation and coordination
between exporters and the government agencies concerned;chanroblesvirtualawlibrary
4) To conduct studies pertinent to exports and to
collate these data for the information of, and dissemination to, the
members, and the public;chanroblesvirtualawlibrary
5) To support the adoption of internationally
accepted quality standards and to encourage the observance of fair
trade practices;chanroblesvirtualawlibrary
6) To actively participate whenever authorized to do
so, in the formulation and implementation of an integrated national
export promotion program;chanroblesvirtualawlibrary
7) To promote a spirit of service, mutual
cooperation, efficiency and goodwill among its members;chanroblesvirtualawlibrary
8) To assist the government and perform such
functions as may be delegated to it in matters concerning foreign
trade; and
9) To organize private trade missions to foreign
countries to promote Philippine exports and to represent the exporters
in all government-sponsored trade missions to develop foreign markets
for Philippine export products; and
10) To provide and maintain such other services as
may be necessary to facilitate the development of exports.
Section 3. Government Representation. — The
representatives of the National Economic and Development Authority,
Department of Trade, Finance, Foreign Affairs, Industry, Agriculture,
Natural Resources, National Defense, Public Information, and Tourism,
Board of Investment, Central Bank of the Philippines, Development Bank
of the Philippines, Philippine National Bank, and all other agencies
involved in the formulations and implementation of trading and export
policies are hereby authorized to sit in the Board of Trustees of the
COPE with all the rights and prerogatives of regular members.
Section 4. Composition of the COPE Board of
Trustees. — The COPE Board of Trustees is authorized to have
twenty-five (25) member of which fourteen (14) members shall be elected
from the private sector representing the various export industry
groupings and the remaining eleven (11) members shall be elected from
the agencies of the Government concerned with the country's foreign
trade. chanroblesvirtualawlibrary
Section 5. Donations and Grants. — The COPE may
receive such donations, bequests and grants from whatever sources,
domestic or foreign to finance its operations. Such donations, bequests
and grants shall be deductible in full from gross income and shall be
exempt from donors or estate taxes.
Section 6. Government Assistance. — All government
offices, agencies or instrumentalities, including government-owned or
controlled corporation, which are directly or indirectly concerned in
the implementation of export promotion projects of the Government are
hereby authorized to extend such assistance to COPE as may be necessary
for projects that will redound to the benefit of the national economy.
Section 7. Repealing Clause. — Any provisions of
existing general or special laws inconsistent with the provisions of
this Decree shall be deemed modified, amended or repealed accordingly.
Section 8. Effectivity. — This Decree shall take
effect immediately.
Done in the City of Manila,
this 15th day of April, in the year of Our Lord, nineteen hundred and
seventy-five.
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