SECTION 1
SECTION 1. The PITC shall operate a Special Customs Bonded Warehouse (SCBW) solely for the importation of refined sugar by food exporters, the operating guidelines of which is attached as Annex A;
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Administrative Order No. 98
Administrative Order No. 98
ADMINISTRATIVE ORDER NO. 98 AUTHORIZING THE PHILIPPINE INTERNATIONAL TRADING CORPORATION (PITC) TO OPERATE AS A CUSTOMS BONDED WAREHOUSE SOLELY FOR THE PURPOSE OF IMPORTING SUGAR FOR FOOD EXPORTERS
SECTION 2
SECTION 2. The SRA shall allocate annually the volume of sugar to be imported for processed food exporters through the PITC;
SECTION 3
SECTION 3. The creation of the Committee on Sugar Importation for export which shall be composed of the EDC, PITC, BOC, SRA, and PHILEXPORT with the following functions: Monitor importation and liquidation of sugar used by processed food exporters; Accredit processed food exporters for the purpose of using the PITC-SCBW; and Recommend revisions in the procedures for importation. IN WITNESS WHEREOF, I have hereunto set my hands and caused the seal of the Republic of the Philippines to be affixed. DONE in the City of Manila, this 28 th day of October, in the year of our Lord Nineteen Hundred and Ninety-Nine. (Sgd.) JOSEPH EJERCITO ESTRADA President of the Philippines By the President: (Sgd.) RONALDO B. ZAMORA Executive Secretary