DTI wants to amend trade remedy laws

MANILA — The Department of Trade and Industry (DTI) wanted to introduce amendments to trade remedy laws, DTI Undersecretary Ceferino Rodolfo told reporters Wednesday.

Rodolfo said the department wanted processes under trade remedy laws to be simpler, transparent, and efficient by eliminating redundant procedures.

Making the processes easier would help industries seek remedial actions on unfair trade practices that caused injuries to their sectors.

“We need to revise our trade remedy laws,” Rodolfo said in Filipino.

These trade remedy measures include anti-dumping measures, subsidies and countervailing measures, and safeguard measures.

He added that the DTI drafted amendments to trade remedy laws.

The department was also eyeing to tap Senator Juan Edgardo “Sonny” Angara and Representative Joey Salceda to push for the amendments on trade remedy laws in Congress. (PNA)

Popular

PBBM lauds education milestones, vows to further improve welfare of learners, teachers

By Dean Aubrey Caratiquet President Ferdinand R. Marcos Jr. praised the various achievements of his administration stemming from sweeping reforms on education, in his speech...

PBBM assures gov’t support to homeless Filipinos, reaffirms commitment to ending hunger

By Brian Campued President Ferdinand R. Marcos Jr. on Monday said that the administration, through the Department of Social Welfare and Development (DSWD), will intensify...

PBBM vows gov’t response on electricity, water issues

By Dean Aubrey Caratiquet President Ferdinand R. Marcos Jr. vowed to work on addressing issues related to energy and water in his speech at the...

DepEd, DICT to bring internet connectivity in all PH public schools —PBBM

By Brian Campued On the heels of the launching of the National Fiber Backbone Phases 2 and 3 this month, the government is relentless in...