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Philippines adjusts tariff rates for rice, pork
President Rodrigo Duterte signed two Executive Orders (EOs) adjusting import duties on pork and rice to ensure food security and protect consumers.
EO 135 temporarily lowers Most Favored Nation (MFN) tariff rates on imported rice to 35% for one year to diversify market sources, augment supply, keep prices affordable, and reduce inflation.
The tariff reduction for rice considered increased global prices and supply uncertainties.
EO 134 modifies earlier EO 128, adjusting pork tariffs to balance availability and affordability with the recovery of the local hog industry affected by African Swine Fever.
Under EO 134, pork imports will have tariff rates of 10% within the minimum access volume (MAV) and 20% outside MAV for the first three months.
From the fourth to the twelfth month, the tariff rates for pork will be 15% within MAV and 25% outside MAV.
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Farmers' group Federation of Free Farmers (FFF) asserts that Executive Order (EO) No. 135, which lowers rice import tariffs, lacks basis and is deceptive, as there is no current shortage of imported rice.
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President Rodrigo Duterte increased the minimum access volume (MAV) for pork imports to 254,210 metric tons through Executive Order (EO) 133, a hike from the previous 54,210 metric tons.
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Five senators filed Senate Resolution 726 urging President Rodrigo Duterte to withdraw Executive Order 135, which temporarily reduced rice import tariffs.
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The Philippine government's plan to ban rice imports during the local harvest season is being questioned by the Federation of Free Farmers (FFF) as deceptive and legally untenable.
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Department of Agriculture (DA) Secretary William Dar stated that the agency is finalizing the suggested retail price (SRP) for imported pork within the week.
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