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Wednesday, March 05, 2008

 

Feed millers petition Tariff Commission
for reduction of duty rates

 
THE Tariff Commission has asked the Philippine Association of Feed Millers Inc. (PAFMI) and the United Broilers Association to file their position papers on their petition for reduced duty rates on certain feed ingredients and products under the Sensitive and Highly Sensitive Lists of the Asean-China Free Trade Agreement.

Tariff Commission Chairman Edgardo Abon said the petitioners, PAFMI President Norman Ramos and UBRA Chairman Elias Jose Inciong, want the Commission to suspend the 3-percent tariff on soybeans, soybean meal, brewing or distilling dregs and waste and tapioca residue.

Abon has asked the petitioners to file their position papers on March 25.

Ramos cited Executive Order 376, which states “the government needs to provide duty exemption to importations of eligible agriculture and fisheries enterprises to promote and foster their efficiency and global competitiveness.”

The PAFMI president explained to Abon that the hog and poultry industry are also affected with the high costs of the soybean products.

Inciong said the regular review on tariff reduction is still under negotiations.

He also said that if zero tariffs on the said products will be granted, the cost of production of the poultry growers is expected to decrease.

Because of this, poultry growers may be given a chance to compete with the world market of poultry products, he added.
-- Ira Karen Apanay

  
 

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