Legal Basis and Authority
- EO No. 767 (2008) sets framework for tariff negotiations under PJEPA
- PJEPA Annex provisions prescribe elimination and reduction of tariffs on certain product classifications
- Section 402 of the Tariff and Customs Code empowers the President, on NEDA recommendation, to modify import duties for foreign trade promotion
Tariff Rate Modifications
- Tariff rates for specified articles listed in the Annex are adjusted with a detailed schedule
- The Annex aligns with Section 104 classifications of the Tariff and Customs Code
- Reductions are consistent with PJEPA commitments targeting specific motor vehicle components
Application of PJEPA Rates and Origin Requirements
- Tariff rates specific to Japan require presentation of Certificate of Origin Form JP
- Tariff Commission authorized to issue rulings to clarify applicable duties on request
- Compliance with PJEPA Rules of Origin mandatory for the indicated tariff rates to apply
Trade Remedy and Recourse Provisions
- The Philippines retains the right to invoke trade remedy measures against import surges
- Such measures derive authority from domestic law, PJEPA provisions, and international agreements
Administrative and Legal Provisions
- Prior inconsistent issuances or regulations are repealed or modified
- Separability clause ensures other provisions remain effective if one is invalidated
- Immediate effectivity upon publication in a widely circulated newspaper
Executive Issuance
- Signed by then President Benigno S. Aquino III and Executive Secretary Paquito N. Ochoa, Jr
- Formalizes the tariff rate adjustments and procedural requirements for motor vehicle parts imports under PJEPA commitments