Uncoupling trade and industry from DTI

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 55%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Defining the News

The time has come to uncouple DTI and create a Department of Trade to take care of external and domestic trade matters and a Department of Industry and Investments.

The Department of Transportation and Communication was split into Department Transportation and Department of Information and Communication Technology when the Executive branch and Congress came to agree that transportation and communication were two unconnected objects of governmental activity. By correcting the structural weaknesses of the Cabinet and making possible due recognition of the changes that have taken place in the marketplace and in Philippine society, these changes have facilitated the jobs of national governance.

The idea that the trade and industry belong together and that one Cabinet entity should be administering the country’s trade and industrial affairs is essentially flawed. One doesn’t need to be an economist to appreciate that trade and industry are not one and the same thing. In the most simplistic formulation, industry relates to the production of goods and services, while trade relates to their distribution.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US to help Amazon nations fight illicit finance, Yellen saysDefining the News
La source: MlaStandard - 🏆 20. / 55 Lire la suite »