What to expect from changes in rice tariffication law? First, a more powerful NFA.

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Rice Tariffication Law News

House Of Representatives,NFA,Philippine Agriculture

The House of Representatives passes on third and final reading the proposed amendments to the rice tariffication law

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The crux of the matter? The NFA can import rice again and will be empowered to do so when there are “no available stocks” from local farmers and cooperatives. Some farmers from Nueva Ecija welcomed the particular amendment of the NFA being able to import rice again. “Pangalawa, hindi makakapagmalaki ‘yung mga traders na, sila kasi po ang volume na kumukuha ng import na rice,”Meanwhile, the Samahang Industriya ng Agrikultura said the RTL has nothing to do with the rising prices of rice. House Speaker Martin Romualdez had

Source: Law Daily Report (lawdailyreport.net)

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