IN a Senate hearing earlier this week, Secretary Alfredo Pascual announced a major policy shift for the Department of Trade and Industry (DTI), telling the Committee on Trade, Commerce and Entrepreneurship that he intends to shift the focus of his department to industrialization, characterizing the country's economic reliance on imports and remittances as "unsustainable." This is a most welcome policy development, and one that is decades overdue for the country.
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