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An agriculture stakeholder group welcomed the reinstatement of safeguard duties for select imported products, including meat, chicken, and coffee.In a statement Wednesday, the Philippine Rural Reconstruction Movement urged for the proper enforcement of the price-based special safeguard duty on eligible agriculture products under Bureau of Customs Memorandum Circular No. 72-2024.
“Strengthening and increasing safeguard duties imposed on chicken give immediate temporary relief to the local broiler sector without adversely affecting the chicken retail price,” PRRM president Edicio dela Torre said.The poultry industry has been pushing for the reinstatement of price-based SSG after it was suspended six years ago, according to dela Torre.Under BOC Memorandum Circular No. 72-2024, all agricultural products listed in CMC No.
Agriculture Products Price-Based Special Safeguard Duty
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