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Comprehensive Tariff Review 2016. BACKGROUND. The Most Favoured Nation (MFN) T ariff Regime Issuance of Executive Order 61 (s. 2011 ) Comprehensive Tariff Review 2016 (CTR 2016). OBJECTIVES. Set the MFN tariff schedule for 2016 onwards;
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BACKGROUND The Most Favoured Nation (MFN) Tariff Regime Issuance of Executive Order 61 (s. 2011) Comprehensive Tariff Review 2016 (CTR 2016)
OBJECTIVES Set the MFN tariff schedule for 2016 onwards; Simplify the tariff structure for ease of implementation/trade facilitation; Continue to implement a tariff rationalization plan aimed at boosting global competitiveness;
Design economic measures and policy guidelines consistent with the promotion of domestic industries; Support the Philippine Development Plan goals of poverty reduction in multiple dimensions and massive quality employment creation
PRODUCT COVERAGE Chapters 1-24 (Agriculture and Food Products) Chapters 24-40 (Chemicals and Allied Products) Chapters 41-64 (Textile, Wood, Paper, Leather and Footwear Products) Chapters 65-83 (Metal and Metal Products) Chapters 84-97 (Machinery, Transport and Miscellaneous Manufactured Products)
TARIFF STRUCTURE • Average MFN Tariffs: 2002-2015 FG
FREQUENCY DISTRIBUTION OF • TARIFF RATES (AGRICULTURE AND CHEMICALS) : 2011-2015
FREQUENCY DISTRIBUTION OF • TARIFF RATES (TEXTILES AND METALS) : • 2011-2015
FREQUENCY DISTRIBUTION OF • TARIFF RATES (MACHINERY) : • 2011-2015