MALACAŇANG
Manila
BY THE PRESIDENT OF THE PHILIPPINES
EXECUTIVE ORDER NO. 627
MODIFYING THE NOMENCLATURE AND MOST-FAVORED NATION (MFN) RATES OF DUTY ON
VARIOUS AGRICULTURAL PRODUCTS AS PROVIDED FOR UNDER THE TARIFF AND CUSTOMS CODE
OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE PHILIPPINE COMMITMENT ON RICE
UNDER THE WORLD TRADE ORGANIZATION (WTO) AGREEMENT ON AGRICULTURE
WHEREAS, the World Trade
Organization (WTO) Agreement on Agriculture embodies the rules and commitments
of WTO members in improving market access and promoting fairer competition in
agriculture;
WHEREAS, Annex 5 of the WTO
Agreement on Agriculture, otherwise known as the "special treatment" provision,
provides for restriction on imports of primary sensitive agricultural products
subject to strictly defined conditions;
WHEREAS, the Philippine
government applied for a seven (7) year extension of the Special Treatment on
rice under Annex 5 of the World Trade Organization (WTO) Agreement on
Agriculture until 2012;
WHEREAS, Paragraph 9, Section
B, Annex 5 of the WTO Agreement on Agriculture mandates the Philippine
government to compensate other WTO member countries by reducing the Most Favored
Nation (MFN) rates of duty on certain agriculture products for the requested
seven (7) year extension of the special treatment on rice;
WHEREAS, the modification and
rectifications of Schedule LXXV of the Philippines took effect on 27 December
2006;
WHEREAS, Section 402 of the
Tariff and Customs Code of 1978, as amended, empowers the President to modify
import duties for the promotion of foreign trade.
NOW, THEREFORE, I, GLORIA
MACAPAGAL ARROYO, President of the Republic of the Philippines, by virtue of
the powers vested in me by law, do hereby order:
SECTION 1. The
articles specifically listed in "Annex A" hereof, as classified under Section
104 of the Tariff and Customs Code of 1978, as amended, shall be subject to the
rates of import duty in accordance with the schedule indicated indicated
opposite each article.
SECTION 2. The
Nomenclature and the rates of import duty on tariff headings not enumerated and
those listed but represented by the symbol "X X X" shall remain in force and in
effect.
SECTION 3. Upon
the effectivity of this Executive Order, the articles specifically listed in the
aforesaid Annex "A" which are entered or withdrawn from warehouses in the
Philippines for consumption shall be levied the rates of duty herein prescribed.
SECTION 4.
All other Presidential issuances, administrative rules and regulations, or parts
thereof, which are inconsistent with this Executive Order are hereby revoked or
modified accordingly.
SECTION 5.
This Executive Order shall take effect immediately following its
complete publication in the Official Gazette or in a newspaper of general circulation in the
Philippines.
Done in the City of
Manila, this 15th day of June, in the year of Our Lord, Two Thousand and Seven.
to view Annexes
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