Quantitative Restriction News Today

The Union Health Ministry on Saturday said the government has put in place a quantitative restriction on the export of syringes to boost their domestic availabi

According to a statement issued by the ministry, the restriction applies to just three categories of syringes for three months. The Central government has imposed a quantitative restriction on the export of syringes to boost domestic production and supply, said the Ministry of Health and Family Wel

Government must monitor pulses import, mandate registration of all contracts May 17, 2021 × Border control agencies need to ensure that substandard material does not enter the food supply chain In a welcome move, the government has liberalised import of certain pulses to counter rising prices amid tightening availability and threat of food inflation. The three pulse varieties — tur/arhar (pigeon pea), urad (black matpe) and moong (green gram) — under quantitative restriction since August ...

Published January 18, 2021, 1:31 PM President Rodrigo Duterte has ordered to retain the 5 percent tariff on mechanically deboned meat (MDM), a decision in favor of the local meat processors to the dismay of local raisers. President Duterte issued Executive Order (EO) 123 to keep the tariff on MDM low at 5 percent, instead of reverting it to 40 percent amid the lapse of the country’s Quantitative Restriction (QR) privileges and the eventual enactment of the Rice Tariffication Law (RA 11203). T...

             According to the source, the Executive Order (EO) on the retention of a 5 percent tariff on MDM has already been drafted and is just awaiting the signature of President Rodrigo Duterte.             If done, this will contradict the supposed retention of a 40 percent tariff on MDM amid the lapse of the country’s Quantitative Restriction (QR) privileges and the eventual enactment of the Rice Tariffication Law (RA 11203). The Samahang Industriya ng Agrikultura...

The reimposition of the 40 percent tariff on mechanically deboned meat (MDM) will bring in additional P5.5 billion revenues to the country, but will only mean minimal increase in prices for consumers, according to Samahang Industriya ng Agrikultura (SINAG). SINAG made this case as it formally s