Countertrade Policy for Government Procurement

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Title Supreme Court: Countertrade Policy for Government Procurement

Law: Executive Order No. 120

Decision Date: Aug 19, 1993

President Fidel V. Ramos issues Executive Order No. 120, directing the adoption of counter-trade as a supplemental trade tool to compensate for foreign exchange spent on imports and promote economic development in the Philippines.

adoption

supplemental trade tool

importation

END