Last year, the Philippine Association of Meat Processors Inc. (PAMPI) filed a petition asking government to keep the most favored nation tariff rate on MDM of chicken at five percent. In 2012, the 40 percent tariff on MDM was reduced to five percent as a concession to the quantitative restriction (QR) on rice imports. Under Executive Order 23 issued in 2017, the tariff rates on agricultural products including chicken MDM must be brought back to its previous levels once the QR is removed. The Rice Tariffication Law which took effect last March, has replaced the QR on rice imports. Laurel said the imposition of 40 percent tariff on chicken MDM has not yet affected the firm’s production operations.
Source: Philippine Star June 12, 2019 16:00 UTC