Title
Designation of ACCFA for Ramie Fiber Trade
Law
Executive Order No. 129
Decision Date
Sep 23, 1955
Ramon Magsaysay designates the Agricultural Credit and Cooperative Financing Administration (ACCFA) as the official agency responsible for the purchase and export of ramie fiber, as well as the importation of ramie goods processed from 100% Philippine-grown ramie fiber.
A

Legal Basis and Authority

  • This designation is made pursuant to the provisions of Republic Act No. 1392, which presumably governs the production, handling, and trade of ramie fiber in the Philippines.
  • The order is issued by the President of the Philippines, conferring legal authority to ACCFA to execute these specific responsibilities.

Scope of ACCFA's Responsibilities

  • Purchase of ramie fiber produced entirely in the Philippines.
  • Exportation of locally grown ramie fiber to international markets.
  • Importation of ramie textile goods that are processed abroad, contingent on being made from 100 percent Philippine-grown ramie fiber.

Objectives and Policy Considerations

  • Centralization of all governmental transactions involving ramie fiber under one agency to streamline export and import operations.
  • Ensuring quality and origin control by restricting importation to ramie goods made exclusively from Philippine-grown fiber.

Formalization and Legal Effect

  • The Executive Order was signed by then-President Ramon Magsaysay, signaling formal government policy.
  • The date of effectivity is clearly stated as September 23, 1955.
  • The Executive Secretary’s certification further authenticates the order, rendering it immediately enforceable under the law.

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