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Formulate and implement, in cooperation with related agencies, integrated programs and comprehensive policy guidelines for the accelerated development of the fiber industry as a whole;
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Undertake and regulate research, production, processing and marketing of fibers in both the domestic and international markets when necessary;
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Administer and regulate in accordance with law, the licensing and registration of fiber participants and/or partner sectors including fiber baling, tagging, marking, inspection, certification and shipment of Philippine commercial fibers;
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Establish a monitoring system in coordination with the Department of Agriculture and related agencies for the assessment of the fiber supply and demand situation, both domestic and foreign;
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Provide continued leadership ánd support for the integrated development of the fiber industry;
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Formulate official standards for various commercial fibers that are or may, hereafter, be produced in the Philippines for local consumption and for export;
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Enforce uniform and standard classification of abaca and other Philippine commercial fibers intended for export and local consumption;
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Maximize the return of the fiber industry through increased productivity and fiber processing and maximum economic utilization, consequently, promoting the farmers’ profitability in a more equitable distribution of wealth;
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Undertake skills development trainings or workshops to improve the technical and entrepreneurial capabilities of fiber producers, classifiers, graders, traders, processors and exporters to improve the quality of commercial fibers;
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Establish regional and provincial offices as well as municipal stations, whenever necessary, for extension work to promote the development of the fiber industry in the Philippines;
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Enter into, make and execute memoranda and contracts to achieve the objectives of FIDA;
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Formulate and recommend policies, guidelines and administrative orders whenever necessary for promulgation by the Department of Agriculture within the context of the Constitution of the Philippines of 1987 and on the basis of pertinent data, findings and research studies for the benefit of the people of the fiber industry;
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Promote the increased utilization of commercial fibers both here and abroad, thus, enabling the fiber industry to positively contribute to the growth of the national economy;
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Establish and maintain demonstration farms and provide technical assistance/services to fiber clientele; and,
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Perform such other related functions which shall enhance and promote the development of the fiber industry in the Philippines.
