British business group backs extension of lower tariffs on meat

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The British Chamber of Commerce Philippines said it would like to see an extension of the lower tariffs on meat imports in 2023, adding that this was among the items on its wish list for next year. | AldenMonzonINQ /PDI

Earlier in May, the BCCP held its ‘British Meat Trade Mission in Makati City, in partnership with the UK’s Agriculture and Horticulture Development Board.

Aside from lower tariff on meat imports, other items in the BCCP’s wish list for 2023 are for the government to ensure the continued growth of exports, improving the ease of doing business, making the Philippines an investment destination, boosting infrastructure developments and digitalization, and the ratification of the Regional Comprehensive Economic Partnership .

EO 171 lowered the MFN rates for pork imports to 15 percent in- quota from 30 percent, as well as the out-quota rate to 25 percent from 40 from April to December 2022. “That would help temper any more increase in prices and help us deal with the increasing cost of living, as well as the clamor for higher wages,” PCCI president George Barcelon told the Inquirer earlier.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines