Philippines: gov’t to extend zero tariffs on cement
The government is inclined to retain the import tariffs on cement at zero in a bid to move to maintain the stable market prices.
Trade Secretary Gregory Domingo on Thursday disclosed executive orders extending the zero tariffs on cement for a period of six-month will likely be issued next month.
An executive order, signed by then President Arroyo which temporarily removed the import duty on cement, expired last August.
Domingo, in a press briefing in Malacañang, said the technical committee of the Tariff and Related Matters has recommended the extension of the zero-tariff schemes implemented for cement for another six months.