Philippines: Sugar MAV Importation and the Philippine WTO Obligation

  |   Attaché Report (GAIN)   |   RP2023-0002

Contact:

Office of Agricultural Affairs, Manila   |   (011-632) 301-4900

Link to report:

Philippines: Sugar MAV Importation and the Philippine WTO Obligation

On December 22, 2022, the Department of Agriculture (DA) issued Memorandum Order 77 (MO 77) for the department to take action to stabilize sugar prices and evaluate the importation of 65,050 metric tons (MT) of refined sugar through the Minimum Access Volume (MAV) mechanism. Under the WTO, the Philippines agreed on a 50 percent tariff quota for MAV and 65 percent in excess of MAV. If the Philippines were to honor its commitments under the WTO and ASEAN, retail sugar prices would decline by an equilibrium of $128/MT (WTO) or $480/MT (ASEAN).

Trade Policy, World Trade Organization
East Asia and the Pacific, Philippines
Sugar

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.