Thursday, November 12, 2015

Pres. Aquino issues Executive Order on modification of most-favored-nation tariff rates on agricultural products



President Benigno S. Aquino III has issued Executive Order No. 190, which modifies Most-Favored-Nation tariff rates on certain agricultural products.

Signed by the President last November 5, the Order modifies "the Most-Favored-Nation rates of duty on certain agricultural products under the Tariff and Customs Code of the Philippines, as amended, in order to implement the Philippine Tariff Commitments under the World Trade Organization decision on waiver relating to special treatment for rice in the Philippines".

The tariff modification schedule on certain agricultural products was approved by the National Economic and Development Authority (NEDA) Board during a meeting last February 16.

Executive Order No. 190 covers rice (in the husk, husked, semi- or wholly milled, and broken); animal products (edible offal of bovine animals, swine, sheep, goats, horses; meat and edible offal of poultry); buttermilk, curdled milk and cream, butter, dairy spreads, cheese; and vegetables, among others. President Benigno S. Aquino III has issued Executive Order No. 190, which modifies Most-Favored-Nation tariff rates on certain agricultural products.

Signed by the President last November 5, the Order modifies "the Most-Favored-Nation rates of duty on certain agricultural products under the Tariff and Customs Code of the Philippines, as amended, in order to implement the Philippine Tariff Commitments under the World Trade Organization decision on waiver relating to special treatment for rice in the Philippines".


The tariff modification schedule on certain agricultural products was approved by the National Economic and Development Authority (NEDA) Board during a meeting last February 16.

Executive Order No. 190 covers rice (in the husk, husked, semi- or wholly milled, and broken); animal products (edible offal of bovine animals, swine, sheep, goats, horses; meat and edible offal of poultry); buttermilk, curdled milk and cream, butter, dairy spreads, cheese; and vegetables, among others. (PCOO News Release)

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