MOST FAVORED NATIONS

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                    [ArticleID] => 197960
                    [Title] => Government to maintain current MFN tariff rates until 2004
                    [Summary] => The government  is keen on maintaining  the Most Favored Nations (MFN) tariff rates at the 2002 levels until 2004 in the face of a ballooning budget deficit, Trade and Industry Secretary Manuel Roxas II said yesterday.


MFN rates are duties given to countries outside the ASEAN Free Trade Area (FTA). 


In 2001, the government  suspended the scheduled tariff rate cuts to help industries which were severely affected by the global economic slowdown.


                    [DatePublished] => 2003-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 185079
                    [Title] => Cabinet level body pushes tariff cuts
                    [Summary] => The government may push through with the tariff cuts promised under the ASEAN Free Trade Area/Common Effective Preferential Tariff (CEPT) scheme following the recommendations made by the Cabinet level Committee on Tariff and Related Matters (CTRM) to the National Economic and Development Authority (NEDA) board.


Economic Planning Secretary Dante Canlas said yesterday the  CTRM has   also agreed on  a selective reduction on Most Favored Nations (MFN) tariff rates based on  a review of products not locally produced and locally produced but not in sufficient quantity.


                    [DatePublished] => 2002-11-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 95781
                    [Title] => MVDP needs revisions to conform with WTO rules
                    [Summary] => Government has to make its tax and duty incentives to participants of the Motor Vehicle Development Program (MVDP) consistent with the country’s trade agreements under the World Trade Organization (WTO) to promote investments and strengthen the local automatic industry, according to White & Case LLP. 


Government is planning to hire the services of White & Case LLP, a private consultancy firm, to review the existing MVDP and make it consistent with the country’s various trade agreements under the WTO.


                    [DatePublished] => 2001-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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Government to maintain current MFN tariff rates until 2004

By Marianne V. Go | March 7, 2003 - 12:00am

The government is keen on maintaining the Most Favored Nations (MFN) tariff rates at the 2002 levels until 2004 in the face of a ballooning budget deficit, Trade and Industry Secretary Manuel Roxas II said yesterday. MFN...

Business

Cabinet level body pushes tariff cuts

By Marianne V. Go | November 23, 2002 - 12:00am

The government may push through with the tariff cuts promised under the ASEAN Free Trade Area/Common Effective Preferential Tariff (CEPT) scheme following the recommendations made by the Cabinet level Committee on...

Business

MVDP needs revisions to conform with WTO rules

By Marianne V. Go | April 11, 2001 - 12:00am

Government has to make its tax and duty incentives to participants of the Motor Vehicle Development Program (MVDP) consistent with the country’s trade agreements under the World Trade Organization (WTO) to promote...

Business