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Policy
Iceland
2018
Philippines - European Free Trade Association Free Trade Agreement
The Philippines and EFTA members – Iceland, Liechtenstein, Norway, and Switzerland – entered in 2018 into a free trade agreement that covers trade in goods, trade in services, investment, competition, intellectual property, government procurement, and sustainable development. The FTA provides the Philippines duty-free market access for all industrial and fisheries tariff lines.When it comes to the focused industry sectors, Phililppines' schedule includes most energy products and their constituents including but not limited to: nitrogen fertilisers, battery packs and cells, heat pumps, and ICE cars. (Base commodities such as iron, alumina, metals, ammonia, steel, and aluminum are not included. Electric motorcycle…
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Policy
Philippines
2016
Philippines’ Green Jobs Act of 2016
The Philippines’ Green Jobs Act of 2016 was a major piece of legislation designed to create and maintain jobs in the emerging green economy. It identifies skills needs, develops training programmes, and trains and certifies workers for jobs in a range of industries related to sustainable development and the transition to a green economy. It offers financial support for the creation of green jobs, including generous tax deductions for skills training programmes. The Act lays out a cross-agency effort to implement its goals. The Department of Labor and Employment (DOLE) was tasked with developing a National Green Jobs Human…
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Policy
Philippines
2021
First NDC of Philippines
The Philippines aims to reduce its GHG emissions by 2.71% relative to a business-as-usual trajectory by 2030, and up to 75% conditional on the provision of international support.
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Policy
Philippines
2023
Korea - Philippines Free Trade Agreement
The Korea - Philippines Free Trade Agreement builds on the Korea - ASEAN Free Trade Agreement (the Philippines is a member state of the ASEAN) to further reduce or eliminate customs duties. The agreement was signed in 2023 and is expected to come in effect during the first half of 2024. The agreement needs to be ratified by the Korean National Assembly and the Filipino Senate in order to come into effect.Items whose tariffs are additionally lowered or removed as a result of this Agreement include:Imported into the PhilippinesCommercial VehiclesPassenger VehiclesCopper wireAutomobile componentsImported into KoreaCommercial vehiclesPassenger vehiclesThe Agreement also includes…
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Policy
Japan
2008
Japan-Philippines Economic Partnership Agreement (JPEPA)
The Japan-Philippines Economic Partnership Agreement (JPEPA) entered into force in December 2008. It provides for the gradual elimination of border tariffs for most energy products, including : iron, metals, steel, battery packs and cells, anodes, heat pumps, electric cars, and ICE cars. Specific rule of origins delineated in the Agreement provide that in order to qualify for preferential tariff treatment, goods must be wholly produced in one of the Parties' territories, or have undergone there a significant production process (entailing a change in tariff classification), or satisfy a 40% minimum local value content requirement.
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Policy
European Union
2024
[UNDER NEGOTIATION] Philippines - European Union (EU) Free Trade Agreement
Negotiations on a Philippines - European Union (EU) Free Trade Agreement resumed on Mar 18th, 2024.
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Policy
Philippines
1991
Small Scale Mining Laws in the Philippines
Small scale mining (or artisanal mining) in the Philippines is regulated under two laws, the Small-Scale Mining Act (RA 7076) and Presidential Decree 1899 (PD 1899). Generally, PD 1899 applies to mining for commercial purposes by individuals, partnerships and corporations, while RA 7076 and its Revised IRR (DAO2015-03) applies to mining for subsistence purposes by cooperatives and individuals.Engaging in small-scale mining requires a declaration of a Minahang Bayan (“nation’s mine”) and award of a Small-Scale Mining Contract before the conduct of small-scale mining operations. The law limits production to 50,000 metric tons…
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Policy
Philippines
2023
Temporarily import duty exemption for electric vehicles, parts and components
The government of the Philippines issued in January 2023 Executive Order No.12, temporarily exempting electric vehicles and their components from import duties until 2028.
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Policy
Philippines
2022
Agricultural Fuel Subsidies
In 2022, the Philippines’s government under The Department of Agriculture (DA) implemented fuel discounts for farmers and fisher-folks to reduce the costs of production and transport of major farm and fishery products. PHP 500 million were allocated under the Special Provision No.20 of the General Appropriations Act (GAA) for Fiscal Year 2022 or Republic Act (RA) 11639.In 2023, the programme was extended with additional PHP500 million, reaching in total PHP 1 billion, and benefiting to more than 312,000 farms, with PHP 3,000 per beneficiary on average.
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Policy
Philippines
1995
Philippine Mining Act of 1995 (Republic Act No. 7942)
The Act governs all mining operations and related rights in the Philippines, specifically exploration, development, and utilisation of natural resources conservation through a partnership of the government and private sector. To this end, it provides for a permit system, which grants three kinds of resource mining rights: (1) exploration permit; (2) mineral production and sharing agreement; and (3) financial or technical assistance agreement. Each kind of permit is limited to a maximum contract area, depending on whether it is offshore or onshore and on whether the applicant is an individual or corporation. Only Filipino citizens or corporations with at least…