MANILA, Philippines – Philippine exports under the Generalized Scheme of Preference (GSP) will continue enter the United Kingdom (UK) tariff-free this year, through its own GSP. The UK GSP replicates the market access and benefits provided by the European Union GSP (EU GSP). The Philippines is included in the UK GSP’s Enhanced Framework, the counterpart continue reading : Post-Brexit, PH exporters can now benefit from UK GSP
DTI Chief: EO that retained 5% tariff on MDM issued, to prevent huge price increase of processed and canned meat products
MANILA— President Rodrigo Roa Duterte issued Executive Order (EO) No. 123 that retained the 5% tariff rate on imported mechanically deboned meat (MDM) instead of increasing it to 40%. The retention of 5% MDM tariff prevented any huge price increase in the processed and canned meat products. Department of Trade and Industry (DTI) Secretary Ramon continue reading : DTI Chief: EO that retained 5% tariff on MDM issued, to prevent huge price increase of processed and canned meat products