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On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication.
On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...
This report outlines the Philippine government requirements for the importation of corn. It also provides points of contact for key Philippine government authorities.
The Philippines maintains a Tariff Rate Quota (TRQ) for corn (H.S. 1005). Following the reduction of tariffs in 2022 and their extension in 2023, significant interest in how to access the in-quota tariff ensued, and in turn, so followed widespread concern among local stakeholders for the process being anti-competitive, outdated, and potentially inconsistent with the Philippines' commitments with trading partners.
This report outlines the Philippine government requirements for the importation of rice, including significant developments since 2022, when the government generally stopped approving issuances of the Sanitary-Phytosanitary Import Clearance (SPSIC) import permit.
On June 25, 2022, the Philippine Department of Agriculture (DA) Bureau of Animal Industry (BAI) informed domestic stakeholders at a consultative meeting that it will be enforcing BAI Memorandum Circular No. 26 (MC26), dated August 11, 2021.
The United States is the Philippines’ largest supplier of agricultural products with a 28 percent market share.
Responding to inflationary pressures, the Philippine government is set to liberalize rice imports by converting Quantitative Restrictions to tariffs.
On August 14, 2018, the Philippine House of Representatives approved House Bill (HB) 7735, or the proposed “Revised Agricultural Tariffication Act”.
On August 14, 2018, the Philippine House of Representatives approved House Bill (HB) 7735, or the proposed “Revised Agricultural Tariffication Act”.
The National Economic Development Authority (NEDA) announced that the Philippines will not seek to extend the Quantitative Restriction (QR) on rice (which is a domestic support program to help farmers
In August 18, 2016, the Philippine Supreme Court (SC) issued its final ruling which reversed its December 8, 2015 decision that stopped the field testing, propagation, commercialization, and...