Executive Order No. 767 (2008)

SECTION 1. The articles specifically listed in the Annex (Articles granted tariff concessions under the Agreement) hereof, as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be subject to rates of duty as indicated in Columns 4 to 14 of the Annex. The rates of duty so indicated shall be accorded to imports originating from Japan as a Party to the Agreement.

SECTION 2. The rates of duty represented with a symbol —R— shall be subject to negotiations in the fourth year from entry into force of the Agreement.

SECTION 3. As indicated in the Notes for Schedule of the Philippines under the Agreement, the rates of duty represented with symbol —S— shall be subject to negotiations in year 2009.

SECTION 4. Upon the effectivity of this Executive Order, the articles specifically listed in the aforesaid Annex which are entered or withdrawn from the warehouses in the Philippines for consumption shall be levied the rates of duty prescribed subject to compliance with the Rules of Origin as provided for in the Agreement.

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administrative rules and regulations, or parts thereof, which are inconsistent with this Executive Order are hereby repealed or modified accordingly.

SECTION 6. This Executive Order shall take effect fifteen (15) days after its complete publication in a newspaper of general circulation in the Philippines.

Done in the City of Manila, this 7th day of November, in the year of Our Lord, Two Thousand and Eight.

(Sgd.) GLORIA MACAPAGAL-ARROYO

By the President:

(Sgd.) EDUARDO R. ERMITA

Executive Secretary