Comprehensive Tariff Review 2016 - PowerPoint PPT Presentation

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Comprehensive Tariff Review 2016

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  1. Comprehensive Tariff Review 2016

  2. BACKGROUND The Most Favoured Nation (MFN) Tariff Regime Issuance of Executive Order 61 (s. 2011) Comprehensive Tariff Review 2016 (CTR 2016)

  3. OBJECTIVES Set the MFN tariff schedule for 2016 onwards; Simplify the tariff structure for ease of implementation/trade facilitation; Continue to implement a tariff rationalization plan aimed at boosting global competitiveness;

  4. Design economic measures and policy guidelines consistent with the promotion of domestic industries; Support the Philippine Development Plan goals of poverty reduction in multiple dimensions and massive quality employment creation

  5. PRODUCT COVERAGE Chapters 1-24 (Agriculture and Food Products) Chapters 24-40 (Chemicals and Allied Products) Chapters 41-64 (Textile, Wood, Paper, Leather and Footwear Products) Chapters 65-83 (Metal and Metal Products) Chapters 84-97 (Machinery, Transport and Miscellaneous Manufactured Products)

  6. TARIFF STRUCTURE • Average MFN Tariffs: 2002-2015 FG

  7. FREQUENCY DISTRIBUTION OF • TARIFF RATES (AGRICULTURE AND CHEMICALS) : 2011-2015

  8. FREQUENCY DISTRIBUTION OF • TARIFF RATES (TEXTILES AND METALS) : • 2011-2015

  9. FREQUENCY DISTRIBUTION OF • TARIFF RATES (MACHINERY) : • 2011-2015

  10. PROPOSED CRITERIA FG

  11. FG

  12. FG

  13. FG

  14. PROPOSED MERGING OF TARIFF LINES FG

  15. FG

  16. FG

  17. PROPOSED MERGING OF TARIFF LINES

  18. Thank You!