AreaPhilippines

Commodity GroupRice

CommodityAll

Date21/05/2022

Policy CategoryTrade

Policy InstrumentImport quota, import tariff

DescriptionDecided that it would continue to levy a uniform Most Favoured Nation (MFN) tariff rate of 35 percent to paddy, husked, milled or broken rice imported from non-ASEAN members, under Minimum Access Volumes quotas or outside of them, until 31 December 2022. Thereafter, the in-quota MFN rate for these imports would revert to the previous applicable level of 40 percent, while the out-of-quota MFN rate would revert to 50 percent.