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News Philippines Department of Trade and Industry adds further countries to safeguard measures list

Philippines Department of Trade and Industry adds further countries to safeguard measures list

Written by Global Cement staff 16 March 2021
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Philippines: The Department of Trade and Industry (DTI) has issued an order amending its previous order on cement safeguards. The Manila Bulletin newspaper has reported that the amendment extends safeguard measures to 13 new countries which now exceed the necessary 3% import volume share. These are Chile, the Czech Republic, Estonia, Hungary, Israel, Indonesia, Latvia, Lithuania, Poland, Slovenia, Slovakia and South Korea. Imported cement from these countries will now face a safeguard duty of US$0.2/bag. An official source quoted by the newspaper called the surge in importation from these countries "trade diversion" tactics by importers since these countries were previously exempt from the safeguard duty.

Last modified on 17 March 2021
Published in Global Cement News
Tagged under
  • Philippines
  • Department of Trade and Industry
  • Import
  • Tax
  • Duty
  • Chile
  • Czech Republic
  • Estonia
  • Hungary
  • Israel
  • Indonesia
  • Latvia
  • Lithuania
  • Poland
  • Slovenia
  • Slovakia
  • South Korea
  • GCW497

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