VASPs to soon service Subic

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THE Bureau of Customs (BOC) is expanding to Subic port the operation of its accredited value-added service providers (VASPs). This follows the introduction of VASP services to Batangas port last Friday with Petron’s liquefied petroleum gas import shipment as the first entry filed through VASP Intercommerce Network Services.

“We are fast tracking the intro-duction of VASP operations in major ports nationwide as we enter Phase II of our automation, all geared toward paperless transaction, reducing corruption, and increasing revenue collection and trade facilitation,” Customs deputy commissioner Alexander Arevalo told PortCalls.

Since the VASP expansion to Subic and Batangas does not involve displacement of workers at the entry encoding centers, Arevalo expects the process to run smoothly.

The BOC is also set to evaluate conditions of Cagayan de Oro in preparation for the expansion of VASPs in that port.