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Philippines - Gov’t prods pork imports, cites shortage

The government is encouraging the importation of up to 5,000 metric tons (MT) of pork up to the end of June under a tax subsidy scheme to cover a shortage in supply due to storms and diseases that hit last year and the current dry spell.
28 April 2010
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The government is encouraging the importation of up to 5,000 metric tons (MT) of pork up to the end of June under a tax subsidy scheme to cover a shortage in supply due to storms and diseases that hit last year and the current dry spell.

President Gloria M. Arroyo last April 12 signed Executive Order No. 875, which authorizes the Food Terminal Inc. (FTI) to auction off to interested private traders the right to import the commodity under a tax subsidy scheme, by which the government assumes the cost of duties and taxes of the covered imports.

http://www.abs-cbnnews.com/business/04/25/10/gov%E2%80%99t-prods-pork-imports-cites-shortage

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