KMP warns of ‘unbridled importation, increase in rice prices’ 2 SHARES Share it! Share TweetBy Ellalyn De Vera-RuizA local farmers’ group said President Rodrigo Duterte’s signature on Rice Tariffication Act will pave the way for unbridled rice importation and increasing rice prices. Even with the rice industry enhancement fund, the local rice industry do not stand a chance with massive rice imports,” KMP chairperson Danilo Ramos said. Our decades of experience under the World Trade Organization proved that rice importation policy was never a guarantee of sufficient rice supply and lower rice prices,” Ramos added. KMP, rice farmers and stakeholders in the rice industry will lead a series of protests this week against the Rice Tariffication Law.

Source: Manila Bulletin February 17, 2019 09:45 UTC