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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 287 - MODIFYING
THE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED FOR UNDER
THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT
THE 1996 PHILIPPINE SCHEDULE OF TARIFF REDUCTION UNDER THE NEW TIME
FRAME OF THE ACCELERATED COMMON EFFECTIVE PREFERENTIAL TARIFF (CEPT)
SCHEME FOR THE ASEAN FREE TRADE AREA (AFTA)
WHEREAS, under Executive Order No.
145, Series of 1993, the Philippines started the implementation of the
CEPT tariff reductions effective 1 January 1994;
WHEREAS, at the Twenty-Sixth Meeting of the ASEAN Economic Ministers
held in Chiangmai, Thailand from 22-23 September 1994, the ASEAN member
countries decided to accelerate the realization of AFTA from 2008 to
2003;
WHEREAS, during the same Meeting, the ASEAN Economic Ministers agreed
on the elimination of the Temporary Exclusion List in five equal
installments beginning 1 January 1996 and ending 1 January 2000 and on
the inclusion of unprocessed agricultural products into the CEPT Scheme
for AFTA;
WHEREAS, at the Special Meeting of the ASEAN Economic Ministers held in
Phuket, Thailand from 28-29 April 1995, the Ministers decided to
phase-in all PTA products in the CEPT Scheme so that eventually there
will be only a single trading arrangement in ASEAN;
WHEREAS, at the Twenty-Seventh Meeting of the ASEAN Economic Ministers
held in Bandar Seri Begawan, Brunei Darussalam from 3-10 September
1995, the ASEAN Member Countries agreed that the starting date of the
implementation of the tariff reduction schedule under the new time
frame of the accelerated CEPT/AFTA be on 1 January 1996.
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines,
pursuant to the powers vested in me by law, do hereby order:
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DONE in the City of Manila,
this 12th day of December in the year of Our Lord, Nineteen Hundred and
Ninety-Five.
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