Duties exemption sought for goods exported to US from Yolanda areas

By , on December 30, 2014


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MANILA, Philippines – Trade Secretary Gregory Domingo announced that the Department of Trade and Industry (DTI) will present of a proposal to the United States to eliminate duties on export goods produced in areas devastated by Supertyphoon Yolanda (Haiyan).

“We’ll see in the first quarter of next year. We’ll make a push for it,” Domingo said.
He explained that in the first quarter of 2015, the Philippine government will actively present to the U.S. a draft of the bill seeking the approval of duty-free access stateside of goods produced in Yolanda-affected areas.

The draft bill has already been drawn up, but the DTI is still looking for a sponsor for the proposal, Domingo added.

Domingo noted that the proposal aims to stimulate economic activity in the areas greatly impacted by the typhoon; even as he pointed out that there are opportunities for business in garments, handicraft and food by manufacturers from these areas.