Executive Order No. 472 (1991) — the Agreement on the ASEAN Preferential provides for the adoption by any importing Contracting State of emergency measures if, as a result of the implementation of the Agreement, imports of products enjoying tariff preferences are increasing in such a manner as to cause or threaten to cause serious injury to sectors producing like or similar products in the said importing Contracting State;

Section 1

Section 1. —The application of the tariff concessions granted by Philippines on the products listed in the attached Annex "A" under the ASEAN Preferential Trading Arrangements is hereby suspended.

Section 2

Section 2. —Upon the effectivity of this Executive Order, imports of subject articles from the ASEAN countries shall be levied the existing rates of duty indicated in Column 3 of the said Annex "A".

Section 3

Section 3. —In the event that any subsequent changes are made in the basic Philippine rate of duty on any of the subject articles, such articles shall automatically be accorded the corresponding amended rate of duty.

Section 4

Section 4. —This Executive Order shall take effect fifteen (15) days after publication in two (2) newspapers of general circulation.

DONE—in the City of Manila, this 1st day of August in the year of Our Lord, nineteen hundred and ninety-one.

(Sgd.) CORAZON C. AQUINO

By the President:

(Sgd.) FRANKLIN M. DRILON Executive Secretary

ANNEX —A—

PRODUCTS FOR SUSPENSION OF TARIFF CONCESSIONS UNDER THE ASEAN PTA

HS No. (1)

Description (2)

Existing Rate of Duty (%) (3)

Tariff Concession to be Suspended (4)

6902.10 00

Refractory bricks containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr 2O 3

Binding at 10% ad valorem

6902.20 10

Alumina-silicon refractory bricks

Binding at 10% ad valorem

6902.20 10

Alumina-silicon fireclay bricks

253 Margin of Preference

6902.20 90

Refractory bricks containing by weight more than 50% of alumina (Al 2O 3), of silica (SiO 2), or of a mixture or compound of these products, other than those of subheading No. 6902.20 10

Binding at 10% ad valorem

6902.20 90

Fireclay bricks containing by weight more than 50% of alumina (Al 2O 3), of silica (SiO 2), or of a mixture or compound of these products, other than those of subheading No. 6902.20 10

25% Margin of Preference

6902.90 00

Refractory bricks other than those of subheading nos. 6902.10 00, 6902.20 10 and 6902.20 90

Binding at 10% ad valorem