Philippines Cancel Permanently Wheat Import Duties

[2012-02-07 17:57:56]


According to Philippine Star on February 6, the Philippines Department of Trade and Industry recently stated that the government has cancelled the 3% import duties on wheat.

The secretary of the Department confirmed that from January 14, 2012, the wheat import duties are lowered to zero.

According to statistics, in 2011, the imported wheat accounted for 10% of total wheat consumption by Philippines.
Source: ETCN
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