Executive Order No. 73 (1999) — in accordance with Article III, paras. 1, 2, 6 and 7 of the RBAAIVJ, the AIJV breakfast cereals manufactured by Nestle ASEAN Phils., Inc. are entitled to the exclusive grant of a ninety percent (90%) MOP by Brunei, Indonesia, Malaysia, Singapore and Thailand, as participating countries in the Nestle AIJV Breakfast Cereal Project for a period of four (4) years from date of start of commercial production;

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Executive Order No. 73 (1999)

in accordance with Article III, paras. 1, 2, 6 and 7 of the RBAAIVJ, the AIJV breakfast cereals manufactured by Nestle ASEAN Phils., Inc. are entitled to the exclusive grant of a ninety percent (90%) MOP by Brunei, Indonesia, Malaysia, Singapore and Thailand, as participating countries in the Nestle AIJV Breakfast Cereal Project for a period of four (4) years from date of start of commercial production;

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SECTION 1 SECTION 2 SECTION 3 SECTION 4 SECTION 5 SECTION 6 · This Executive Order shall take effect immediately

SECTION 1

SECTION 1. The articles specifically listed hereunder as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be accorded a minimum 90% MOP as specified in Column 6. In effect, said article shall be subject to the AIJV Preferential Tariff in accordance with the schedule indicated in Column 7, 8, and 9.

HS Code Description Rate of Duty (%) Margin of Preference (%) Applicable AIJV Preferential Tariff (%)

1 January 1 January

1998 1999 2000 1998 1999 2000

(1) (2) (3) (4) (5) (6) (7) (8) (9)

1904.10 00 Prepared food obtained by the swelling or roasting of cereals or cereal products (i.e., Breakfast Cereals) 20 20 15 90 2 2 1.5

SECTION 2

SECTION 2. The MOP herein provided on the above-mentioned articles shall be accorded to the non-AIJV entities in Brunei, Indonesia, Malaysia, Singapore and Thailand effective on the date specified in the Certificate of Eligibility (COE) to be issued by the ASEAN Secretariat in favor of the non-AIJV entities in the participating countries.

SECTION 3

SECTION 3. The 90% MOP accorded under this Executive Order shall remain effective until 31 December 2002 regardless of any subsequent change in the Philippine rate of duty on the above-mentioned articles. Effective 1 January 2003, the final CEPT rate shall apply.

SECTION 4

SECTION 4. Upon the effectivity of this Executive Order, the above-mentioned articles which are entered or withdrawn from warehouses in the Philippines for consumption shall pay the applicable AIJV Preferential Tariff specified under Section 1 hereof, subject to qualification under the Rules of Origin as provided for in the Protocol to Amend the Agreement on the ASEAN Preferential Trading Arrangements signed by the AEM on 15 December 1995.

SECTION 5

SECTION 5. All other Presidential issuances, administrative rules and regulations or parts thereof, which are inconsistent with this Executive Order are hereby revoked or modified accordingly.

SECTION 6

This Executive Order shall take effect immediately

SECTION 6. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 15th day of January 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