Tariff Reform Program
Tariff Reform Program
The Tariff Reform Program (TRP) is the review or restructuring of the Philippine tariff system that the government undertakes on a continuing basis to make the tariff structure responsive to the needs of the economy, taking into consideration the changing patterns in trade and advancements in technology. So far, four (4) Tariff Reform Programs have been undertaken since the 1980’s.
Appeals are available to parties interested in requesting modifications of tariffs. Petitions for tariff modification may be filed by interested parties under Section 401 of the Tariff and Customs Code, as amended. The Tariff Commission conducts investigations on the petitions it receives during which public hearings are held to afford interested parties reasonable opportunities to present their views. The Commission submits its findings and recommendations to the National Economic and Development Authority (NEDA) which then schedules these for deliberation by the Tariff and Related Matters (TRM) Technical and Cabinet Committees. Final approval is granted by the National Economic and Development Authority Board after which the Commission prepares the implementing Executive Order.
Following the attainment of political independence in 1946, the Philippine government embarked on an industrialization drive aimed at achieving economic self-reliance. Import substitution was adopted as the strategy to bring about self-reliance. Some manufactured goods that were previously imported began to be produced domestically. A few heavy industries such as chemicals and iron and steel, were also established.
At that stage of the country’s economic development, the import substituting industries were not efficient enough to compete against imports. And so the government, prodded by interest group lobbying, put up high tariffs and import restrictions to protect local industries. Thus, begun the regime of high and widely dispersed tariffs, which gave protection to local
The Tariff Reform Program (TRP) is the review or restructuring of the Philippine tariff system that the government undertakes on a continuing basis to make the tariff structure responsive to the needs of the economy, taking into consideration the changing patterns in trade and advancements in technology. So far, four (4) Tariff Reform Programs have been undertaken since the 1980’s.
Appeals are available to parties interested in requesting modifications of tariffs. Petitions for tariff modification may be filed by interested parties under Section 401 of the Tariff and Customs Code, as amended. The Tariff Commission conducts investigations on the petitions it receives during which public hearings are held to afford interested parties reasonable opportunities to present their views. The Commission submits its findings and recommendations to the National Economic and Development Authority (NEDA) which then schedules these for deliberation by the Tariff and Related Matters (TRM) Technical and Cabinet Committees. Final approval is granted by the National Economic and Development Authority Board after which the Commission prepares the implementing Executive Order.
Following the attainment of political independence in 1946, the Philippine government embarked on an industrialization drive aimed at achieving economic self-reliance. Import substitution was adopted as the strategy to bring about self-reliance. Some manufactured goods that were previously imported began to be produced domestically. A few heavy industries such as chemicals and iron and steel, were also established.
At that stage of the country’s economic development, the import substituting industries were not efficient enough to compete against imports. And so the government, prodded by interest group lobbying, put up high tariffs and import restrictions to protect local industries. Thus, begun the regime of high and widely dispersed tariffs, which gave protection to local