appropriate and alternative technology and technical training to produce semifinished and finished products;
(5) The Autonomous Regional Government shall promote consumer education and
protect the rights, interests, and general welfare of consumers; and
(6) Subject to the provisions of the Constitution, the Autonomous Regional Government
shall regulate and exercise authority over foreign investments within its jurisdiction.
The central government may intervene in such matters only if national security is
involved.
SEC. 2. Mandate. - The Department of Trade and Industry shall be the primary agency
the Autonomous Regional Government mandated to implement laws, programs and project of
trade and industry. Towards this end, it shall promote and develop an industrialization program
effectively controlled by inhabitants of the region and shall act as catalyst for intensified private
sector activity in order to accelerate and sustain economic growth through:
(1) Comprehensive industrial growth strategy;
(2) Progressive and socially responsible liberalization program;
(3) Policies designed for the expansion and diversification of trade; and
(4) Policies to protect regional enterprises against unfair foreign competition and trade
practices.
SEC. 3. Powers and Functions. - The powers and functions of the Department of Trade
and Industry are as follows:
(1)
Plan, implement and coordinate activities of the government related to trade,
industry and investments within the Autonomous Region in Muslim Mindanao;
(2)
Take the primary role in the promulgation, negotiation, and review of economic
agreements in the ARMM;
(3)
Sit as Vice-Chair of the Regional Board of Investment Autonomous Region in
Muslim Mindanao;
(4)
Coordinate with the Department of Agriculture and Fisheries and other concerned
agencies in the autonomous region in the development and promotion of Halal
industry;
(5)
Coordinate with the Department of Interior and Local Government to facilitate an
LGU-facilitated local economic development;
(6)
Formulate the appropriate mechanics to guide and manage the transfer of
appropriate industrial technology within the region subject to national guidelines
established by the Department of Trade and Industry;
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