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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 214 -
IMPOSITION OF APPLICABLE COMMON EFFECTIVE PREFERENTIAL TARIFF RATES ON
QUALIFIED IMPORTS FROM ECOZONE LOCATORS
WHEREAS,
under Article 3 of the Common Effective Preferential Tariff (CEPT)
Agreement and its Interpretative Notes, the Agreement shall apply to
all manufactured products, including capital goods, processed
agricultural products, and those products falling under the definition
of agricultural products as set out in the Agreement;
WHEREAS, under the Agreement, the ASEAN CEPT rates shall be accorded to
imports coming from ASEAN Member States applying CEPT concession on the
same product;
WHEREAS, under the Agreement, a product is deemed originating from an
ASEAN Member State, if at least 40% of its content originates from any
Member State;
WHEREAS, Republic Act Nos. 7227, 7916, 7903 and 7922 vest the Subic Bay
Free Port, Clark Special Economic Zone and other ecozones with the
status of a separate customs territory, and therefore manufactured or
processed products bought from ecozone locators are considered as
originating from abroad;
WHEREAS, all products sold by ecozone locators to the domestic customs
territory are imposed the MFN rates;
WHEREAS, the National Economic Development Authority (NEDA) Board on 3
September 2002 confirmed the recommendation of the Committee on Tariff
and Related Matters to impose CEPT rates on qualified imports from
ecozone locators;
WHEREAS, Sec. 402 of the Tariff and Customs Code of 1978
(Presidential Decree No. 1464, as amended), empowers the President,
upon the recommendation of the NEDA, to increase, reduce or remove
existing protective rates of import duty, as well as to modify the form
of import duty.
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic
of the Philippines, by virtue of the powers vested in me by law, do
hereby order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
DONE in the City of Manila,
this 31st of May, in the year of Our Lord, Two Thousand and Three.
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