Amend EO 486 on Tariff Reduction for Petrochemicals

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EXECUTIVE ORDER NO. 704: Amend EO 486 on Tariff Reduction for Petrochemicals

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Title Source: Supreme Court: Amend EO 486 on Tariff Reduction for Petrochemicals

Law: Executive Order No. 704

Decision Date: Jan 22, 2008

Gloria Macapagal-Arroyo amends the tariff reduction schedule for petrochemicals and certain plastic products, allowing for the reversion of CEPT rates to previous levels upon the commercial operation of any technology used for domestic production of key monomers.

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