Philippines | Philippines Reduces Tariff Temporarily On Pork Imports | The Ph...
Philippines
Philippines Reduces Tariff Temporarily On Pork Imports
The Philippine government issued an executive order (EO299) on March 26 allowing the import of 10,000 metric tons (mt) of pork at the reduced tariff of 10 percent. Although guidelines for its implementation have not yet been formalized, the executive order authorizes the initial import of 5,000 mt of pork at a 10 percent tariff if it enters the Philippines before June 7, 2004. After June 7, the executive order allows the Philippine Department of Agriculture to import an additional 5,000 mt of pork if it deems the supply situation warrants it.
For 2004, the Philippine government set a minimum access volume (MAV) of 50,595 mt for fresh, chilled and frozen pork. Imports within that quota amount normally pay a 30 percent tariff, while imports after the MAV has been exceeded pay the higher rate of 40 percent.
USMEF-ASEAN understands that pork imported under the March 26 executive order will be allowed entry on a first come-first serve basis and must be imported by an accredited importer from a plant approved by the Philippine government. All USDA-inspected establishments are eligible to export to the Philippines.
Sales of U.S. pork to the Philippines have been hurt this year by cheap pork imports from South Korea.
Philippines
Philippines Reduces Tariff Temporarily On Pork Imports
The Philippine government issued an executive order (EO299) on March 26 allowing the import of 10,000 metric tons (mt) of pork at the reduced tariff of 10 percent. Although guidelines for its implementation have not yet been formalized, the executive order authorizes the initial import of 5,000 mt of pork at a 10 percent tariff if it enters the Philippines before June 7, 2004. After June 7, the executive order allows the Philippine Department of Agriculture to import an additional 5,000 mt of pork if it deems the supply situation warrants it.
For 2004, the Philippine government set a minimum access volume (MAV) of 50,595 mt for fresh, chilled and frozen pork. Imports within that quota amount normally pay a 30 percent tariff, while imports after the MAV has been exceeded pay the higher rate of 40 percent.
USMEF-ASEAN understands that pork imported under the March 26 executive order will be allowed entry on a first come-first serve basis and must be imported by an accredited importer from a plant approved by the Philippine government. All USDA-inspected establishments are eligible to export to the Philippines.
Sales of U.S. pork to the Philippines have been hurt this year by cheap pork imports from South Korea.