Enators Were Hesitant On Ratifying The Rcep Because Of Their Support To Agriculture Sector However News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Photo grabbed from RCEP website) MANILA-Concerns of various agriculture groups on the Regional Comprehensive Economic Partnership (RCEP) were answered on Tuesday by representatives coming from different government agencies during a public hearing of the Senate subcommittee on RCEP presided by Senate Pro Tempore Loren Legarda. RCEP, which was recently endorsed by President Ferdinand R. Marcos Jr., is expected to be ratified by the Senate within the first quarter of this year. During the hearing attended by Senate President Juan Miguel Zubiri, agricultural groups asked for assurance from the government that farmers should be protected and implementation of programs to improve productivity and enhance competitiveness of agricultural products. Based on RCEP, 15 agricultural commodities representing 33 tariff lines will see lower tariff rates which account for 1.9 percent of total tariff lines and only USD132 million or 0.8 percent of total agricultural imports. These commodities will be a ....

New Zealand , South Korea , Juan Miguel Zubiri , Ferdinandr Marcos Jr , Alfredo Pascual , Department Of Energy , Philippine Energy Plan , World Bank , Senate Pro Tempore Loren Legarda , Regional Comprehensive Economic Partnership , Senate Pro Tempore Loren , President Ferdinand , Senate President Juan Miguel Zubiri , Secretary Alfredo Pascual , Undersecretary Wimpy Fuentebella , Potato Corner , Hoto Grabbed From Rcep Website Manila Concerns Of Various Agriculture Groups On The Regional Comprehensive Economic Partnership Were Answered Tuesday By Representatives Coming Different Government Agencies Duringa Public Hearing Senate Subcommittee Presided Pro Tempore Loren Legarda , Hich Was Recently Endorsed By President Ferdinandr Marcos Jr , S Expected To Be Ratified By The Senate Within First Quarter Of This Year During Hearing Attended President Juan Miguel Zubiri , Gricultural Groups Asked For Assurance From The Government That Farmers Should Be Protected And Implementation Of Programs To Improve Productivity Enhance Competitiveness Agricultural Products Based On Rcep , 5 Agricultural Commodities Representing 33 Tariff Lines Will See Lower Rates Which Account For 1 9 Percent Of Total And Only Usd132 Million Or 0 8 Imports These Be Affected Since Rcep Preferential Items Generally Than The Most Favored Nation Rate Asean After Approximately 15 Years Department Trade Industry Dti Secretary Alfredo Pascual Noted Aims To Maintain 39s Centrality Within Broader Region Not Justa Simple Agreement That Provides Enhanced Market Access Anda Stable Regulatory Framework Quot It Isa Strategic Tool In Ensuring Continuous Economic Advantage Help Maintaina Balance Power Considering Rise Protectionism Ongoing Geo Political Crisis , He Signing And Entry To Force Of Rcep Reflects The Asean Region 39s Unwavering Commitment Toa Rules Based Trading System That Maintains An Open , Nd Fair Trading Environment , Uot Pascual Told The Subcommittee Rcep , She Said , S Expected To Further Promote Economic Efficiency Of Member States ,