Manila is urging Brasilia to reduce the hefty tariff it slaps on local coconut products to boost the Philippines’s “competitiveness” in the Brazilian market. Know more:
Manila is urging Brasilia to reduce the hefty tariff it slaps on local coconut products to boost the Philippines’s “competitiveness” in the Brazilian market.
The value of the Philippines’s total exports of coconut products to Brazil last year declined by 30 percent year-on-year to $5.041 million. Shipments of Philippine products to Brazil reached $191.290 million last year, 18.3 percent higher than the $161.712 million recorded in 2020. “A joint team consisting of Brazil’s Ministry of Agriculture, Livestock and Food Supply and the Philippines’s Bureau of Animal Industry and National Meat Inspection Service shall be created to study processes and procedures to adopt in order to maintain a dynamic Philippines-Brazil relation in agriculture,” the DA said.
PSA data indicated that coconut oil led all coconut products in terms of total export value last year at $1.443 billion, which was 60.5 percent higher than the $898.995 million recorded in 2020.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LPA affecting Metro Manila to turn into tropical depression in 12 hours – PagasaTHE low pressure area (LPA) off Sorsogon affecting Metro Manila and adjoining provinces may develop into a tropical depression in about 12 to 24 hours, the Philippine Atmospheric,...
Read more »
Metro Manila LGUs: No license confiscations until single ticketing system implementationMetro Manila Mayors agreed that the licenses of traffic violators would not be confiscated until after the single-ticketing system and its demerit scheme was implemented, Sam Nielsen reported on Super Radyo dzBB.
Read more »
Cassy Legaspi fangirls over Jackson Wang at 'Head in the Clouds' ManilaCassy Legaspi unleashed her fangirling mode as Jackson Wang performed at the "Head in the Clouds" music and arts festival.
Read more »
Ginebra turns back NorthPort, forges Manila Clasico semis with MagnoliaWith the results already done and settled, Robert Bolick drove hard to the basket for a layup but was met at the top and was rejected by Scottie Thompson.
Read more »
Antonio's Manila now open for lunch and dinnerThe first Manila branch of Tagaytay iconic dining spot Antonio’s is officially open and currently accepting lunch and dinner reservations from Tuesdays to Sundays!
Read more »