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Executive Order No. 135 (2021)

Executive Order No. 135 (2021)

—considering the increase in global rice prices and the uncertainties relative to the supply of rice, there is an urgent need to temporarily reduce the Most Favoured Nation (MFN) tariff rates on rice, to diversify the country's market sources, augment rice supply, maintain affordable prices, and reduce inflationary pressures, all for the purpose of ensuring food security in the country and protecting consumers;

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Section 1

Rates of Import Duty

Section 1.

Rates of Import Duty. —The articles specifically listed in Annex A hereof, as classified in compliance with Section 1611 of RA No. 10863, shall be subject to the MFN rates of duty in accordance with the schedule indicated opposite the article.

Upon the effectivity of this Order, all articles specifically listed in Annex A hereof, which are entered into or withdrawn from warehouse in the Philippines for consumption shall be levied the MFN rates of duty as prescribed therein. ℒαwρhi৷

Section 2

Repeal

Section 2.

Repeal. —All other issuances, administrative rules and regulations, or parts thereof, which are inconsistent with this Order are hereby repealed or modified accordingly.

Section 3

Separability

Section 3.

Separability. If any provision of this Order is declared invalid or unconstitutional, the other provisions not affected thereby shall remain valid and subsisting.

Section 4

Effectivity

Section 4.

Effectivity. —This Order shall take effect fifteen (15) days after its complete publication in the Official Gazette or in a newspaper of general circulationm, and shall be effective for a period of one (1) year from such date.

DONE, —in the City of Manila, this 15th day of May, in the year of Our Lord, Two Thousand and Twenty One.

(SGD.)— RODRIGO ROA DUTERTE

By the President:

(SGD.)— SALVADOR C. MEDIALDEA Executive Secretary