AreaPhilippines

Commodity GroupRice

CommodityAll

Date01/07/2012

Policy CategoryTrade

Policy InstrumentImport quota

DescriptionIssued official statements suggesting that, pending the completion of negotiations on the extension of quantitative restrictions on rice, an out-of-quota duty rate of 50 percent will continue to apply for volumes imported outside of the 350 000 tonne minimum-access volume.