Section 1. The Minimum Access Volume (MAV) for coffee beans in the authorized 1997 MAV of 1,060 metric tons (MT) is hereby increased to 6,060 metric tons (MT); Provided, That any unavailed balance at the end of 1998 shall not be carried over to 1999.
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Executive Order No. 478 (1998)
Executive Order No. 478 (1998)
for the year 1998 there is an estimated supply shortage of 6,400 metric tons (MT) of coffee beans due to the drought induced by the "El Niño" phenomenon which caused severe damage to the country's standing coffee crops and is expected to further reduce subsequent crop production;
Section 2. The MAV Management Committee is hereby authorized to allocate volume importation to qualified importers of coffee beans pursuant to the Rules and Regulations for the implementation of Agricultural MAVs.
This Executive Order shall take effect immediately
Section 3. This Executive Order shall take effect immediately.
DONE in the City of Manila, this 22nd day of May, in the year of Our Lord, nineteen hundred and ninety-eight. 1a⍵⍴h!1
By the President:
(Sgd.) ALEXANDER P. AGUIRRE
Executive Secretary
Footnotes
* See text in 6 VLD 2d, p. 39.