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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 173 - AMENDING
EXECUTIVE ORDER NO. 153, SERIES OF 1994, ENTITLED “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 VENTURE (AIJV) PROJECTS,
AS PROVIDED FOR IN ARTICLE III, PARAGRAPH 1 OF THE REVISED BASIC
AGREEMENT ON AIJV”
WHEREAS, Executive Order No. 153,
dated 25 January 1994, was issued implementing the minimum ninety per
centum (90%) margin of Preference on certain products included in the
NESTLE-ASEAN Industrial Joint Venture (AIJV) Projects;
WHEREAS, a review of the said Executive Order disclosed certain
omissions and typographical errors in both the body and annex of the
Executive Order;
WHEREAS, it is imperative that the errors be rectified to prevent
confusion that may arise in the implementation of the Executive Order;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic 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.
“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 milk powder by. P.T.
Nestle ASEAN INDONESIA in January 1994;”
Sec. 2.
“Section 1.
Sec. 3.
Annex “A”
ARTICLES GRANTED 90% MARGIN OF PREFERENCE UNDER THE NESTLE ASEAN
INDUSTRIAL JOINT VENTURE (AIJV)
ex 1909.90 00
1901.90 10
ex 1905.30 00
ex 2106.90 90
Sec. 4.
DONE in the City of Manila this
27th day of April in the year of our Lord, Nineteen Hundred and
Ninety-four.
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