date:Jun 24, 2014
The Philippines is expected to be allowed to retain import restrictions for rice until 2017, a senior government official said Monday.
Agriculture Secretary Proceso J. Alcala said the Philippines has secured the nod of the Council for Trade in Goods of the World Trade Organization (WTO) for its request to again extend the implementation of quantitative restrictions (QR) on rice imports until 2017. The first five-year extension of the QR expired in 2012.
Alcala said the formal approval of the W