THE WAY FORWARD │ Level Up Philippine Agriculture!

Statement of DA Sec. William Dar on recently-forged Philippines-South Korea Free Trade Agreement

Author: DA Communications Group | 26 October 2021

“We would like to extend our sincere appreciation to the South Korean government for granting duty-free market access to several Philippine farm products.

“These include banana, canned pineapples, okra, papaya, glass eels, refined coconut oil, cashew nuts, fruit juices.

“The recently concluded Free Trade Agreement (FTA) with South Korea augurs goes well for Filipino farmers, particularly those planting banana, because this will give them duty-free market access over a five-year period from the current 30% tariff that will be gradually reduced by six percentage points every year, starting in 2022, down to zero on the fifth year or 2026.

“The Philippine farm products mentioned above are in addition to several others that are already being exported to South Korea at zero-duty, under the ASEAN-Korea FTA, such as avocado, coconut and coconut products (desiccated coconut and crude oil), and carrageenan.

“Ensuring trade opening to the South Korean market for Philippine agriculture exports is a clear demonstration of the strong economic partnership between the two countries.

“We will continue to nurture this partnership, as we recognize that South Korea has been and will be a reliable partner in our aim to develop and modernize our agriculture and fishery sector, and boost the Philippine economy, amid the global pandemic.”

 

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Matrix of Comments and Suggestions on the Proposed Department of Agriculture (DA) Memorandum Circular on Plant Breeding Innovations (PBIs)

The Department of Agriculture Technical Advisory Group on Modern Biotechnology and Related Innovations for Agriculture and Fisheries (TAG-MBI) hereby presents the matrix of response and actions taken in view of the comments and suggestions received during the conduct of virtual and written stakeholder consultations on September 23 and 30, 2021.

The matrix can be viewed and downloaded using this link: https://bit.ly/DA-memo-circular-on-PBIs-matrix-of-comments