Philippine International Trading Corporation
EXTENDING THE CORPORATE LIFE AND EXPANDING THE POWERS OF THE PITC
This bill aims to extend the corporate life of the Philippine International Trading Corporation (PITC) until July 21, 2077, and to expand its powers, including the establishment of a Strategic and Critical Materials Stockpile Division to manage essential supplies during emergencies.
REVISED CHARTER OF THE PHILIPPINE INTERNATIONAL TRADING CORPORATION
This bill seeks to extend the corporate life and expand the powers of the Philippine International Trading Corporation (PITC) by amending its existing charter. It aims to enhance PITC's role in international trade and establish a stockpile division for strategic materials.
ABOLISHING THE PHILIPPINE INTERNATIONAL TRADING CORPORATION
This bill seeks to abolish the Philippine International Trading Corporation (PITC), transferring its functions to relevant government departments and agencies, and aims to address issues of corruption and inefficiency associated with the PITC.