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- (-) December 2023
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On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication.
FAS Manila maintains its September 2023 forecast for rice and corn production and imports, but lowers its forecast slightly for wheat imports to 6.0 million metric tons.
FAS Lima forecasts Peruvian mandarin/tangerine production at 545,000 metric tons (MT) for marketing year (MY) 2023/24 (March 2024 to February 2025), a decrease of one percent compared to the previous year.
Peru is the second largest export market for U.S. agricultural products in South America. U.S.-origin food and agricultural product exports to Peru benefit significantly from the U.S. - Peru Trade Promotion Agreement (PTPA).
This report identifies Peru’s import requirements for (foreign) export certificates. Current procedures are highlighted and relevant agencies with oversight of these issues are identified.
This report outlines Peru’s regulatory requirements for food and agricultural product imports and updates and replaces the 2022 report.
The Philippines is expected to experience economic growth between 2025 and 2070, due to a shift in its demographics, necessitating a robust and efficient food distribution system.
On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...
Peru continues to enforce the extended biotechnology moratorium. In February 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years. Similar to the previous moratorium, Peru has yet to notify the measure to the...
The Philippines has been a pioneer within Asia in adopting biotechnology crops, and recently approved Bt cotton as the 4th genetically engineered (GE) crop cleared for commercial propagation after corn (2002), rice (2021), and eggplant (2022). The...