Philippine International Trading Corporation
From WikiPilipinas: The Hip 'n Free Philippine Encyclopedia
The Philippine International Trading Corporation (PITC) is a government-owned international trading company with over thirty years experience in the export, import and marketing of a wide range of commodities, industrial products and consumer goods. It is a dynamic and self-sustaining government corporation engaged in trading and marketing activities aimed at uplifting the quality of life of the Filipino people and promoting equitable national progress
Established in 1973 to pioneer and take the lead in the Philippine trade with the Socialist and Other Centrally Planned Economy Countries (SOCPEC), the corporation was given a broader mandate in 1977 to be a prime mover in the expansion of Philippine trade worldwide. It has since embarked on various innovative trading activities and has implemented facilitative trade-related services directed at the attainment of its two-pronged objective: the expansion of market for Philippine products, and the stabilization of prices and supplies of essential raw materials and commodities for local industries and consumers.
- Philippine International Trading Corporation website. (Accessed on 16 July 2008).