Section 4Sec./Art. 4

Definition of Terms.- For purposes of this Act, the following definitions shall apply to the following terms:

(a) "Exporter" means any person, natural or juridical, licensed to do business in the Philippines, engaged directly or indirectly in the production, manufacture or trade of products or services which earns at least fifty percent (50%) of its normal operating revenues from the sale of its products or services abroad for foreign currency: Provided, That in the case of services, the same shall be limited to information technology services, construction services and other services as defined jointly by the Department of Finance (DOF) and the Department of Trade and Industry (DTI). Services rendered by overseas contract workers are not covered by the definition.

(b) "Export promotion" shall refer to a range of export activities which the public and private sectors undertake, such as networking, especially in export support services and the provision of trade/market information; organization of trade fairs and missions; provision of advisory services; conduct of seminars, lectures, workshops, conferences and training on export-related subjects; publication of export-related documents; handling of quality standards, product design and such other activities aimed at promoting existing exports, especially those meant to reinforce and improve the position of Philippine export products in specific foreign markets, principally being those activities necessary for the implementation of the Philippine Export Development Plan.

(c) "Export incentives" shall refer to support measures provided by the government to exporters to encourage investment in the export sector, create a freer trade environment and motivate exporters to increase export sales and perform competitively in the export market. The overall objective is to increase the country's export sales.

(d) "Accredited organization" shall refer to the organization of exporters granted accreditation by the Export Development Council, as provided in Section 7(l) of this Act.

Article 2

INSTITUTIONAL STRUCTURES AND STRATEGIES