DA set to announce rice safeguard dutyBy EIREENE JAIREE GOMEZhome/Business/Top Business/DA set to announce rice safeguard dutyTHE Department of Agriculture (DA) is expected to announce its final decision on whether the country would impose the general safeguard duty on rice imports to address very low prices of palay (unmilled rice) that hit hard the livelihoods of small farmers nationwide. “We are discussing it,” Agriculture Secretary William Dar told reporters at the sideline of the DA’s budget hearing at the Senate on Wednesday. Or, if could be positive, in which case the Secretary transferred the case to the Tariff Commission. We have imported so much rice that it’s much more than what we need right now. I think the general safeguard[s] duty is enough to stop imports.

Source: Manila Times October 09, 2019 21:56 UTC