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Senator Mar Roxas yesterday said the World Trade Organization
negotiation process is gaining some momentum and a meeting set in
India could disrupt the status quo on agricultural products' tariffs.
In the past, tariff reduction programs were implemented on
manufactured goods but if agriculture is affected in this new round
it will be a major challenge all over the country, particularly
in Negros and its sugar industry, he said. Roxas said he will consult
with Negros sugar leaders on how he can help them in addressing
the tariff issue.
He said he was the only trade and industry secretary of the
country who raised tariffs to protect the sugar industry.
With Sugar Regulatory Administrator James Ledesma, Roxas said
he negotiated that the tariff on sugar entering the country be raised
from 65 to 85 to protect the local sugar industry.
And, notwithstanding the ASEAN Free Trade Area, he negotiated
with Thailand for the Philippines to keep its tariffs sugar, Roxas
said.
This prevented cheap Thai sugar from entering the country
at 0 percent, he said.
Meanwhile, Roxas said he remained optimistic about the future
of bio-ethanol from sugarcane.
The pressure on oil is not going to disappear, so oil prices will
remain quite high making the biofuels alternative attractive, he
said.*CPG
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