Section 14Sec./Art. 14

Export Promotion and Information. - As provided in Section 7(i) of this Act, the Council through the DTI shall prepare an export promotion privatization program within ninety (90) days from the approval of this Act and shall subsequently identify the appropriate funding mechanism for such a program. The privatization process shall be completed within a period of two (2) years.

While the appropriate funding mechanism is not yet in place, financial and technical assistance to the accredited organization on a project-to-project basis shall be granted. In this regard, the national government shall appropriate such sums as may be necessary to the Council to be exclusively earmarked for export promotion and information until such time that the Council establishes the funding mechanism. The Council shall formulate the criteria to avail of this financial and technical assistance and the extent to which the assistance shall be granted with the primary consideration of encouraging the formation of a nationwide marketing cooperative for export promotion.