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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 214 - MODIFYING
THE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER THE
TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE
PREFERENTIAL TARIFF RATES ON CERTAIN PRODUCTS UNDER THE ASEAN
INDUSTRIAL COOPERATION (AICO) SCHEME
WHEREAS,
the Philippines is a Contracting Party to the Basic Agreement on the
ASEAN Industrial Cooperation (AICO) Scheme signed in Singapore on 27
April 1996;
WHEREAS, the AICO Scheme seeks to improve the competitive position of
ASEAN Companies in the global and ASEAN markets by providing the means
to apply the principles of economies of scale and scope in the
manufacturing process, supported by preferential import duties to
enhance across ASEAN border transactions;
WHEREAS, the Philippines is a participating country in the approved
AICO Scheme of Goya, Inc., along with Indonesia and Thailand;cSADC
WHEREAS, under the Goya AICO Agreement, it was agreed that the
Philippines (Goya, Inc.) will import sweetened cocoa blend from
Indonesia (PT. Nestle Confectionery Indonesia) and sweetened skimmed
milk powder and sweetened whey compound from Thailand (Nestle Foods
(Thailand) Ltd.) as intermediate products for the manufacture of
chocolate confectionery and chocolate eclairs. In exchange, Indonesia
(PT. Nestle Confectionery Indonesia) and Thailand (Nestle Foods
(Thailand) Ltd.) will import chocolate confectionery products and
chocolate eclairs from the Philippines;
WHEREAS, in consonance with Articles 5 and 7 of the Basic Agreement on
the AICO Scheme, participating companies in the approved Goya, Inc.
Arrangement shall qualify for 0-5% preferential tariff rates to be
extended by Indonesia, the Philippines and Thailand as participating
countries, effective within 45 days from the date of issuance of the
Certificate of Eligibility by the ASEAN Secretariat;
WHEREAS, AICO Certificate of Eligibility No. Nestle/1999/1 and AICO
Certificate of Eligibility No. Nestle/1999/2 were issued on 27
September 1999 and 26 October 1999, respectively, in favor of the
participating companies in the Goya, Inc. AICO Arrangement.
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the
Philippines, pursuant to the powers vested in me under Sec. 402 of
the Tariff and Customs Code of 1978, as amended, do hereby order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Done in the City of Manila,
this 16th day of February, in the year of Our Lord, Two Thousand.
Annex “A”
ARTICLES GRANTED PREFERENTIAL TARIFF UNDER THE APPROVED GOYA AICO SCHEME
HS
CODE
0402.10 10
0404.10 00
1806.10 00
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