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News Philippines cement import duty rises

Philippines cement import duty rises

Written by Global Cement staff 09 December 2020
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Philippines: The Department of Trade and Industry (DTI) has raised the import duty per 40kg bag of cement to US$0.20 from US$0.19. The Manila Bulletin newspaper has reported that the department issued the administrative order following a petition from the Cement Manufacturers Association of the Philippines (CeMAP). The petition suggested a US$0.25/bag levy as an effective means to maintain domestic cement production. The association has blamed growing imports on a surplus in countries such as Vietnam.

The DTI previously imposed tariffs on imported cement for three year from October 2019 with a staggered reduction in the duty. However, the DTI said it would review the safeguard measure in order to modify the rate as it deemed necessary.

Published in Global Cement News
Tagged under
  • Philippines
  • Government
  • Department of Trade and Industry
  • Import
  • Duty
  • GCW485
  • Vietnam
  • Cement Manufacturers Association of the Philippines
  • lobbying

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