The Philippines improved 37 notches to 49th place this year from 86th in the previous year becoming the most improved country in terms of implementation of trade regulations on strategic goods. This according to the 2021/2022 Peddling Peril Index (PPI) as disclosed by Trade Secretary Ramon M. Lopez.
The Philippines’ 2021/2022 PPI score increased by 273 points to 755 from 482 in the previous year.
PPI ranks 200 countries, territories, and entities according to their capabilities and demonstrated successes in implementing export controls.
According to the DTI, PPI consists of five major criteria and 105 sub-criteria such as international commitment to preventing strategic commodity trafficking; legislation to regulate and oversee the strategic commodity trade; the capacity to monitor and detect trade in strategic items; the ability to prevent proliferation financing; and effectiveness of enforcement against trafficking in strategic commodities.
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