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SEARCA KEx 2021-1: Proceedings of the Parallel Session on the Regional Implications of the Philippine Rice Tariffication Law

The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), in partnership with The Rice Trader (TRT), organized and conducted the Parallel Session on the Regional Implications of the Philippine Rice Tariffication Law during the 11th The Rice Trader World Rice Conference, the Inaugural Rice Research Symposium, on 13 November 2019. This initiative addresses concerns brought about by the newly enacted Republic Act 11203 titled “An Act liberalizing the importation, exportation, and trading of rice, lifting for the purpose the quantitative import restriction on rice, and for other purposes.” Otherwise known as the Rice Tariffication Law, it lifts existing quantitative import restrictions on rice. Prior to its ratification, the Rice Tariffication Law faced heavy opposition from various stakeholders, fearing that cheaper imported rice would flood markets and hurt local farmers. Debates ensued on the law’s relevance to the current Philippine rice industry and its future contributions to the competitiveness of Filipino farmers in the face of ASEAN trade and market integration. In view of these challenges, the need for experts and policymakers to step in and provide a multi-stakeholder perspective on this issue has never been greater. Thus, the aim of the parallel session was to assess the implementation of the Rice Tariffication Law in terms of policy implications on regional trade, rice reserves, food security, agricultural and rural development, and farmers’ income and competitiveness.

Southeast Asian Regional Center for Graduate Study and Research in Agriculture
Authors Keywords
SEARCA; food security; regional trade; rice tariffication law; rice tariff; agricultural and rural development; farmers income;
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Published in 2021 and available in the SEARCA K-Shop or Downloaded 15,790 times since May 06, 2021
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