Title
Exclusive Wheat Importation by NGA
Law
Presidential Decree No. 726
Decision Date
Jun 5, 1975
Presidential Decree No. 726 grants the National Grains Authority exclusive authority to determine and import the country's annual wheat grain requirements, aiming to stabilize prices and address unrealistic assessments of wheat needs in the Philippines. Private importation of wheat grains is prohibited once the NGA has procured sufficient quantities, with exemptions from customs duties and taxes, and any conflicting provisions are repealed or modified accordingly.

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