HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS MOTORING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  •  
    Tariff protection crucial
    to farm-sector survival
     
    By Jennifer A. Ng
    Reporter
     

    APART from putting money into the local farm sector, local agricultural producers also pushed for the need to ensure that their efforts to become competitive will not be threatened by the possibility of cheap and subsidized imports competing against their own produce.

    While local agribusinesses and producers welcomed the P43-billion investment package for FIELDS (fertilizer, irrigation and  infrastructure, special education, loans, dryers and seeds) unveiled by President Arroyo in Clark, Pampanga, during the Food Summit on Friday, they asked the government to be conscious of their interests when negotiating at the World Trade Organization (WTO) or bilateral and regional trade agreements.

    “In negotiations at the WTO and other free-trade agreements [FTAs], we ask the government to preserve the tariff structure on chicken,” said Rita Palayabyab, president of the Philippine Association of Broiler Integrators (Pabi).

    Currently, imported chicken is slapped a uniform tariff of 40 percent. Aside from the duty, the government also slaps additional duties when imported chicken exceeds the so-called “trigger price.”

    In two years, however, tariffs on chicken will go down to zero to 5 percent under the Asean Free-Trade Area (Afta)-Common Effective Preferential Tariff (CEPT) scheme.

     Pabi echoed the sentiments of other local farm producers who have been advocating the need to preserve the tariffs on their commodities.

    Sugar producers are becoming increasingly vocal about the need for the government to preserve the existing tariff regime on sugar that is traded under the Association of Southeast Asian Nations (Asean)-FTA, or Afta.

    The Confederation of Sugar Producers Associations Inc. advocated tariff protection to ensure that local sugar producers could go head to head with Thai farmers who are subsidized by their government. Since 2005  sugar producers have been asking the government to negotiate for the reclassification of sugar to the so-called “highly sensitive list.” This will allow the Philippines to delay the reduction of tariffs on sugar.

    Hog raisers led by the National  Federation of Hog Farmers Inc. are also asking the government to negotiate for a possible delay in tariff reduction under the Afta-CEPT.

    Local farm producers said tariff protection, hand in hand with increased investments in a long-neglected sector, will give them the relief they need, especially since new developments such as climate change and the spiraling cost of fuel in the world market have presented new challenges to the production of enough food to feed a growing population.

     Experts and scientists have warned that climate change and the rush to produce biofuel, which is an alternative to expensive fuel, will cause the global supply of food to tighten, making it harder for countries relying on imports such as the Philippines to feed its people.

    The Philippines relies on imports to prop up its supply of rice and other foodstuffs such as corn, wheat, and chicken. In  previous years these commodities could be imported easily from various foreign sources.

    OTHER STORIES
    Tariff protection crucial to farm-sector survival

    APART from putting money into the local farm sector, local agricultural producers also pushed for the need to ensure that their efforts to become competitive will not be threatened by the possibility of cheap and subsidized imports competing against their own produce.

    read more

    IPVG to raise P1.4-B acquisition war chest

    PUBLICLY listed technology firm IPVG Corp. aims to increase its funds in a bid to buy more business-process outsourcing (BPO) companies this year, its deputy chairman told the BusinessMirror.

    read more

    RP’s self-sufficiency in sugar assured

    LOCAL sugar producers said  the Philippines is already self-sufficient in sugar as the industry is projected to produce 2.34 million metric tons (MMT) of the commodity for this crop year ending August 31.

    read more

    China’s provinces keen on investing in RP, says Manila envoy to Shanghai

    EMERGING provinces of China have expressed interests in putting up investments in the Philippines, particu-larly in industrial parks, garments manufacturing, trading and resort development in the country, said the Philippine consulate in Shanghai.

    read more

    Aboitiz subsidiary awards power plant project to Formosa

    COMING closer to fulfilling its commitment to bring in additional capacity in order to meet the growing demand in Subic Bay Freeport, Aboitiz Power Corp.’s (APC) subsidiary Redondo Peninsula Energy Inc. (Redondo Peninsula Energy) has recently issued a letter of award to Formosa Heavy Industries.

    read more

    PLDT Guardian touted as quick, low-cost security solution

    THE PLDT (Philippine Long Distance Telephone Co.) Group unveiled last week a wireless-security solution for business owners that will help them secure their facilities and prevent theft at a fraction of the traditional costs.

    read more

    Oil companies raise fuel prices anew on rising world crude costs

    AFTER increasing the price of diesel, gasoline and kerosene by as much as P2.50 per liter in March, oil companies have again adjusted the pump price of petroleum products by 50 centavos to reflect the continuous surge of world oil prices.

    read more

    Business lures most of Davao visitors

    DAVAO CITY—Business and conventions attracted many of the visitors here and the nearby provinces and outbound travelers have not become the monopoly of urban dwellers nowadays.

    read more