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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 153 - MODIFYING
THE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER THE
TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE
MINIMUM NINETY PER CENTUM (90%) MARGIN OF PREFERENCE ON CERTAIN
PRODUCTS INCLUDED IN THE NESTLE ASEAN INDUSTRIAL JOINT VENTURES (AIJV)
PROJECTS, AS PROVIDED FOR IN ARTICLE III, PARAGRAPH 1 OF THE REVISED
BASIC AGREEMENT ON AIJV
WHEREAS, the Philippine is a
Contracting Party to the Revised Basic Agreement on ASEAN Industrial
Joint Ventures (BAAIJV) signed in Manila on 15 December
1987;
WHEREAS, the Philippines, along with Brunei Darussalam, Indonesia,
Malaysia, Singapore, and Thailand, is a participating country in the
approved NESTLE ASEAN Industrial Joint Venture Projects;
WHEREAS, in accordance with the Revised BAAIJV, all participating
countries shall extend a minimum ninety percent (90%) Margin of
Preference (MOP) to new AIJV products within 90 days of their
commercial production;
WHEREAS, the commercial production of non-dairy creamer by Nestle ASEAN
THAILAND, Ltd. started in November 1993; that of “Smarties” chocolate
dragees and “Kitkat” chocolate wafers by Nestle ASEAN (Malaysia) Sdn.
Bhd. in December 1993; and that of Soya-based mild powder by P.T.
Nestle ASEAN INDONESIA will start in January 1994;
NOW, THEREFORE, I, FIDEL V. RAMOS, 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.
Sec. 3.
Sec. 4.
Sec. 5.
DONE in the City of Manila,
this 25th day of January, in the year of Our Lord, nineteen hundred and
ninety-four.
ANNEX “A”
ARTICLES GRANTED 90% OF MARGIN OF PREFERENCE UNDER THE NESTLE ASEAN
INDUSTRIAL JOINT VENTURES (AIJV)
HS Code
ex1806.90 00
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