“Rice remains as the staple food of Filipinos. And there is no food that is used as widely as rice,” says Department of Trade and Industry Undersecretary Ruth B. Castelo on the Philippines being the sixth largest rice-consuming countries in the world.
After over a year of enactment of the Rice Tariffication Law (RTL), updates on government efforts have been discussed in a webinar entitled ‘Sa Rice Tariffication Law (RTL), Sambayanang Pilipino, Tuloy ang Panalo,’ headed by the concerned agencies: Department of Agriculture (DA), Department of Finance (DOF), Department of Trade and Industry (DTI), and National Economic and Development Authority (NEDA).
RTL as a boost to farmers’ productivity. Republic Act (RA) No. 11203 or Rice Tariffication Law, passed last February 2019, aims to modernize the agricultural sector as a way of making the sector globally competitive. Under this law, it permits the entry of imported rice while imposing a tariff, which varies depending on the volume of imported goods.
See full article at Manila Bulletin
