Philippines: Reduced Pork and Corn Tariff Rates Extended Through 2024

  |   Attaché Report (GAIN)   |   RP2023-0073

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Philippines: Reduced Pork and Corn Tariff Rates Extended Through 2024
On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication. According to the EO, the reduced tariffs were extended to keep food prices stable due to the expected negative effect of the El Niño weather phenomenon and the continuing presence of African Swine Fever affecting domestic pork production.
Exporting, Regulations & Requirements
East Asia and the Pacific, Philippines
Dairy, Livestock and Poultry, Pork & Pork Products, Grains, Feeds and Fodders, Corn

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