Hoto Grabbed From Rcep Website Manila Concerns Of Various Agriculture Groups On The Regional Comprehensive Economic Partnership Were Answered Tuesday By Representatives Coming Different Government Agencies Duringa Public Hearing Senate Subcommittee Presided Pro Tempore Loren Legarda News Today : Breaking News, Live Updates & Top Stories | Vimarsana
(Photo grabbed from RCEP website) MANILA-Concerns of various agriculture groups on the Regional Comprehensive Economic Partnership (RCEP) were answered on Tuesday by representatives coming from different government agencies during a public hearing of the Senate subcommittee on RCEP presided by Senate Pro Tempore Loren Legarda. RCEP, which was recently endorsed by President Ferdinand R. Marcos Jr., is expected to be ratified by the Senate within the first quarter of this year. During the hearing attended by Senate President Juan Miguel Zubiri, agricultural groups asked for assurance from the government that farmers should be protected and implementation of programs to improve productivity and enhance competitiveness of agricultural products. Based on RCEP, 15 agricultural commodities representing 33 tariff lines will see lower tariff rates which account for 1.9 percent of total tariff lines and only USD132 million or 0.8 percent of total agricultural imports. These commodities will be a