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Peoples Journal, Mar. 12, 2019, Rice Tariffication To Protect Farmers PDF

1) The newly implemented Rice Tariffication Law is intended to eventually benefit Filipino farmers and allow them to compete with farmers in Vietnam and Thailand, according to legislators. 2) Rep. Rosanna Vergara initially opposed the bill but was convinced that the taxes collected from rice imports will be used to provide farmers with hybrid rice seeds and mechanization support through the Rice Competitiveness Enhancement Fund. 3) Vergara will ensure as a member of the House rules committee that the PHP18 billion RCEF is properly used to help farmers as intended by the law.

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148 views1 page

Peoples Journal, Mar. 12, 2019, Rice Tariffication To Protect Farmers PDF

1) The newly implemented Rice Tariffication Law is intended to eventually benefit Filipino farmers and allow them to compete with farmers in Vietnam and Thailand, according to legislators. 2) Rep. Rosanna Vergara initially opposed the bill but was convinced that the taxes collected from rice imports will be used to provide farmers with hybrid rice seeds and mechanization support through the Rice Competitiveness Enhancement Fund. 3) Vergara will ensure as a member of the House rules committee that the PHP18 billion RCEF is properly used to help farmers as intended by the law.

Uploaded by

pribhor2
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A Nueva Edia legislatormain- marily those in Cabanatuan, erc was fhe one that made her Ior rice

ade her Ior rice imported from ASEAN


tained that the newly-imple- Nueva E ija. They told me that suppo* the prcposal amid con- colmhies and 50 percent fot
mented Rice Tariffication Law the objective of the law is not to troversies sull oundttg it. those comingfu cmnon-ASEAN
i6 a well-crafted?iece oI leg- kill the farmers but to help," "The PHP1&bil]ion is forthe
Fjl.ipino. '
states-'
islation which will ewenhral- Vergan said in faimerttohelpthemreducethe The taxes, estimated at
ly benefit Filipino farmem and She said it was explained to prices of their palay, so that PHPlGbillionamuallv. will be
put them at par with their her that the law will actually when the cheap palay enters the used as RCEF wherein PHP5
counte4tarts in Viehram and help local rice farmers becade domestic market, locally grown billion will go to mechanization
Thailand. the taxes collected ftom rice im, rice will still be comDetitive." to be implemefted by fte Phil-
. Rep. Rosanna Vergdra 5aid portation will then be used to
she ini tially artjcuja ted her res
she said, referrjng to the Rice Mech, PHP3billion for the ore
furchasehybrid rice to begiven Competitiveness Enhancement duction of quality seeds, PilPl
ervationb about the bill to Rep. io ttrem. Fund (RCEF).
Artlrur Yap, a forrner agricrrJ- She also noted that the sov-
billion for loar facilities and
Thelaw,Republic-Act11203, PFIP1 billion for farmers' train-
fure secrelary and House of ernment has aLeadv a.llocited was made after the quantitative ing.
Representa tivesSpeakercloria /. the pFIPI0billion thii veareven rcstrictiql+tha t wetes provided
//lacapagal-Anoyo. ' Vergara asswed she, as a
' "T told them about my con- before posed.
the tarilficad6n is im- under the World Trade Organi-
zation (WTO) lapsed in 2017.
member of the House commit-
tee onrules, will see to it that the
cem. What will happm'to the Theladysolon stresed tllat Under this law, the govem-
farmers, to dle rice fa_rmers pri- *re nobleobjective tohelp Farm_
fu]ld will be properly used in
ment imposes 35 percent tariff accordance with its purpose.

t)(aa/- a

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