THE Department of Trade and Industry has expressed support to the proposed “Vaporized Nicotine and Non-Nicotine Products Regulations Act,” also known as Vape bill, saying regulating these products is still better than totally banning it in the market.
It said the bill will support industry and economic growth, noting that over two million Filipino farmers and laborers are dependent on the tobacco industry. The agency said more funds through taxes will also be generated from the measure, which will be used to support the Universal Health Care program of the government.
The agency’s role under the bill is in line with its mandate to ensure the protection of consumers, as well as the balance between the interests of all stakeholders.
Source: News Formal (newsformal.com)
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