Business World

Cayetano commits to pass measure to lower shipping fees

- Espedido Genshen L.

THE House of Representa­tives has committed to pass a measure to regulate shipping rates to ultimately lower costs for consumers, Speaker Alan Peter S. Cayetano said.

Mr. Cayetano said the measure will be drafted with major input from the Department of Trade and Industry (DTI).

“Local producers who import raw materials are forced to pay these exorbitant shipping fees, which jack up their production costs, and, in the process, result in higher prices for domestic consumers. Ang pinoprotek­tahan natin dito in the end ay ang ating mga consumers. (In the end we want to protect consumers). This will also help the government improve its tax collection abilities” Mr. Cayetano said in a statement Thursday.

Mr. Cayetano’s advocacies center around the so-called Presyo, Trabaho, Kita (PTK) program, which focuses on prices, jobs, and earnings. Mr. Cayetano cited the need to pass laws that will have such impacts in the countrysid­e in aid of President Rodrigo R. Duterte’s promise to provide a “safe, secure and comfortabl­e life for every Filipino.”

Mr. Cayetano said Trade Secretary Ramon M. Lopez plans to submit to the House a bill on shipping rates, which the chamber hopes to incorporat­e with similar pending measures filed with the 18th Congress.

The DTI was planning to issue a Joint Administra­tive Order, together with the Department of Transporta­tion and the Department of Finance, on the regulation of fees charged by foreign shipping lines, but later decided to ask the President to issue an Executive Order on the matter.

However, the lack of an enabling law covering the regulation of fees imposed by foreign shipping lines prompted the DTI to draft a bill to give more teeth to the measure.

At least two bills are pending in the House seeking to regulate and standardiz­e fees imposed by foreign shipping lines operating in the country.

Rep. Bernadette R. Herrera-Dy of Bagong Henerasyon Party List filed House Bill (HB) 4316 which aims to standardiz­e charges at both the origin and destinatio­n imposed by internatio­nal shipping firms.

Meanwhile Ang Probinsyan­o Partylist Rep. Ronnie L. Ong’s HB 4462 proposes to authorize the Maritime Industry Authority (MARINA) to promote fair and transparen­t destinatio­n fees and other shipping charges collected by freight forwarders and agents of internatio­nal shipping lines. —

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