China-ASEAN Chamber of Agricultural Commerce!
China-ASEAN Chamber of Agricultural Commerce
Philippines seeks to boost agriculture exports to Japan
Release Time: 2024-02-07Source: philstar

The Philippines wants to increase its agricultural exports to Japan as the government continues to push for zero tariffs for bananas, as well as the revival of shipment of local mangoes to the East Asian country.

The Department of Agriculture (DA) is already coordina­ting with the Department of Trade and Industry to secure a preferential tariff rate for Philippine bananas, which is under threat from rising shipments from Cambodia, Laos, Mexico and Vietnam. Japan gives a zero or preferential tariff for bananas coming from these countries.

“Philippine bananas are staples for Japanese consumers, accounting for 22 percent of their food basket. The Philippines proximity to Japan allows the country to deliver low-cost bananas and other tropical fruits compliant with Japanese food standards,” the DA said.

Based on Japan’s tariff schedule as of Jan. 1, 2024, bananas imported from the Philippines from Oct. 1 to March 31 are imposed a tariff of 18 percent. This is higher than the eight percent tariff slapped on Philippine bananas during the summer season or from April 1 to Sept. 30.

Agriculture Secretary Francisco Tiu Laurel Jr. said the review of the Japan-Philippines Economic Partnership Agreement (JPEPA) would be a good initial opportunity “to discuss the Philippines’ appeal for lower tariff on bananas.”

cacac2015@163.com

010-59337912,010-59337918

+