MANILA, Philippines — Increasing the minimum access volume (MAV) of imported products and lowering its tariff rates appeared to be “mind-boggling,” Senate President Vicente “Tito” Sotto III said on Monday.
At the hearing of the Senate Committee of the Whole, several senators questioned the need to reduce the tariff on pork importations when the government is also proposing to raise the MAV from the current 54,000 metric tons (MT) to P404, 000 MT.
“Sabihin na natin na kailangan nating mag import, e kailangan ba nating ibaba yung tariff? At ang laki ng binaba,” Senate Minority Leader Franklin Drilon asked.
(Let’s say we really need to import, but do we need to reduce the tar…
Keep on reading: Reduced tariff rates, higher pork imports ‘mind-boggling’ — Sotto