The Department of Agriculture (DA) has been formally asked by its legally mandated arm for stakeholders' participation, Philippine Council for Agriculture and Fisheries (PCAF), to withdraw its petition to lower import tariff rates on pork. Instead, PCAF is proposing for the government to allow the...
The Department of Agriculture (DA) is now pushing to further expand the minimum access volume (MAV) allocation on pork to 404,210 metric tons (MT) from the current 54,000 MT, a proposal that has already been sent to President Rodrigo Duterte for approval. On Tuesday (Feb. 16), Agriculture Secretary...
Thailand is like pointing its fingers back to themselves as the fellow ASEAN country urged Philippines to follow the multilateral trading body - World Trade Organization (WTO), which ruling Thailand ignored for the past 10 years. Thailand’s Department of Industry and Commerce was represented by...
The COVID-19 pandemic has induced a marked decline in trade restrictions, the lowest number since 2012, as governments cooperate to stop the spread of the global contagion, according to the global trade body World Trade Organization (WTO). In its latest annual overview, WTO’s Trade Policy...
WTO members agreed to continue discussion on a proposal to temporarily waive certain Trade-Related Aspects of Intellectual Property Rights (TRIPS) obligations in response to COVID-19. The agreement was reached at the meeting of the Council on TRIPS on 10 December. India and South Africa...
Although majority of R&D-intensive businesses were affected by the COVID-19 impact, Filipino firms that invest in research and development have been less affected by COVID-19, according to a report. The new International Trade Centre (ITC), the joint agency of the World Trade Organization and...
Philippine Association of Feed Millers Inc. (PAFMI), the biggest and oldest association of feed millers in the country, stood by the Department of Agriculture's (DA) decision to keep the import ban on Brazilian poultry...
GENEVA (AFP) - Key WTO ambassadors tapped Nigeria's Ngozi Okonjo-Iweala Wednesday as the best pick to lead the organization, but she was opposed by Washington, who said it supported South Korean Trade Minister Yoo Myung-hee instead. The so-called troika of ambassadors heading the World Trade...
Despite the latest warning of the Brazilian government to file legal cases against the Philippine government before the World Trade Organization (WTO), the Department of Agriculture (DA) is determined to keep the disputed import ban on poultry meat coming from the South American country. Department...
World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. The WTO forecasts that merchandise trade volume could fall 9.2 percent in 2020 less than the 12.9...