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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 472 -
SUSPENDING THE APPLICATION OF THE TARIFF CONCESSIONS GRANTED BY THE
PHILIPPINES ON REFRACTORY BRICKS UNDER THE ASEAN PREFERENTIAL TRADING
ARRANGEMENTS
WHEREAS,
the Philippines presently grants a 10% binding concession and a 25%
Margin of Preference (MOP) on refractory bricks under the ASEAN
Preferential Trading Arrangements;
WHEREAS, such grant of tariff concessions has resulted in the surge of
imports of subject articles thereby causing serious injury to the
concerned local industries;
WHEREAS, the Agreement on the ASEAN Preferential Trading Arrangements
provides for the adoption by any importing Contracting State of
emergency measures if, as a result of the implementation of the
Agreement, imports of products enjoying tariff preferences are
increasing in such a manner as to cause or threaten to cause serious
injury to sectors producing like or similar products in the said
importing Contracting State;
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines,
pursuant to the powers vested in me under Sec. 402 of the Tariff and
Customs Code of 1978, as amended, do hereby order:
Section 1.
Sec. 2.
ANNEX “A”
PRODUCTS FOR SUSPENSION OF TARIFF CONCESSIONS UNDER THE ASEAN PTA
ex 6902.10 00
ex 6902.20 10
ex 6902.20 10
ex 6902.20 90
ex 6902.20 90
ex 6902.90 00
Sec. 3.
Sec. 4.
DONE in the City of Manila,
this 1st day of August, in the year of Our Lord, nineteen hundred and
ninety-one.
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