Philippines Allows Farmers To Import 163,000 MT

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Home : Asia Pacific : Philippines Market : Philippines Allows Farmers To Import 163,000 MT Email to a friend \| Print version \| Philippines Allows Farmers To Import 163,000 MT By news desk on April 01,2008 Related news » Philippine President To Sign Order On Cut In Rice Import Tariff by dailynews posted on May 23,2007 » Philippines: Private Companies Allowed Imports Of 200,000 MT by newseditor posted on May 14,2008 » Philippines Not To Lift Rice Import Quota by newseditor posted on Apr 09,2008 » Philippines Hopeful Of Signing Rice Deal With Japan by newseditor posted on May 19,2008 » Philippines In Talks With Thailand For Rice Supplies by newseditor posted on Apr 02,2008 In an attempt to build up local rice stocks amid shrinking global supplies, Philippines has allowed local farmers to import 163,000 MT of rice this year. The volume represents the quota that the Philippines has committed to import from Thailand, China, Australia and India in exchange for continuing to impose quantitative restrictions on rice. The Philippines had in December 2006 formally obtained approval from the World Trade Organization for an extension until 2012 of its quantitative restrictions on rice, which expired in June 2005. 253 times read Comment on this article on Oryza forums
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