Progress on Trade Issues in the Philippines

U.S. and Philippine officials recently issued a joint statement noting that the two countries have made progress on several trade issues under the U.S.-Philippines Trade and Investment Framework Agreement, including items of specific interest to the U.S. red meat industry:

The countries intend to collaborate on the development of cold chain requirements and best practices in the Philippines, taking into account international guidelines and codes of practice regarding food hygiene adopted by Codex.

The Philippines will stp up efforts to ensure WTO-consistent valuation of agricultural imports for duty collection purposes, including the enforcement of laws, regulations and policies prohibiting the use of reference pricing.

The statement also highlights the Philippines’ commitment to expeditious consideration of petitions for the extension of tariff rates, and a commitment to further discuss ways to ensure that Philippine policies on geographical indications do not restrict or prohibit entry of U.S. products.