Duterte to Senate: Give lower tariff rates on imported pork a chance

PRESIDENT Rodrigo Duterte has asked the Senate to give Executive Order (EO) 128 which lowers the tariff rates on pork import a chance.

EO 128 lowers the tariff rates of pork imports within the minimum access volume quota to five percent in the first three months to 10 percent in the succeeding nine months. The order also lowers the tariff rates on out-of-quota pork imports to 15 percent in the first three months to 20 percent in the succeeding nine months.

“President Rodrigo Roa Duterte is asking the esteemed members of the Senate to give Executive Order No. 128 a chance and consider its intended effects, which include addressing the shortage in swine meat, stabilizing the price of pork meat, and minimizing inflation rate, as mentioned by the Department of Agriculture and the President’s Economic Team,” Presidential spokesman Harry Roque Jr. said in a statement on Wednesday.

Malacañang said it is one with the Senate in ensuring the recovery of the local hog industry and the “attainment of sufficient domestic pork production.”