Tag: Quantitative restrictions
All About the PH Rice Tariffication Act
By March 5, Philippine Republic Act No. 11203 (Rice Tariffication Act) should have taken effect. In theory, the new law should reduce...
PH Lower House approves agricultural tariffication bill
The House of Representatives approved on third and final reading House Bill (HB) No. 7735, which seeks to liberalize rice imports by replacing quantitative...
Removing quantitative restriction on PH rice imports to cut prices
The lifting of the quantitative restriction (QR) on Philippine rice imports in favor of tariffs will bring several benefits to the economy, including slashing...
