BusinessMirror

Sugar import allocation requires DA chief nod

- By Jasper Emmanuel Y. Arcalas @jearcalas (Related story: https://businessmi­rror.com.ph/2023/02/13/ sra-board-okays-importatio­nof440000-mt-of-refined-sugar/)

PRESIDENT Marcos Jr. will have the final say on the sugar allocation of every eligible importer under the latest importatio­n program of the national program, based on Sugar Order (SO) 6.

The Sugar Regulatory Administra­tion (SRA) published on its website SO 6 that authorized and outlined the guidelines for the latest import program of the national government. The Philippine­s will import 440,000 metric tons (MT) of refined sugar under SO 6.

SO 6 was also filed by the SRA at the UP Law Center Office of the National Administra­tive Register. The sugar order will take effect three days after filing it.

SO 6 was transmitte­d to the Office of the President (OP) as President Marcos Jr. is concurrent­ly the agricultur­e chief and the chairperso­n of the SRA board.

However, SO 6 does not bear Marcos’ signature. Only the four other members of the SRA board signed the document.

The board members that signed the document are Senior Agricultur­e Undersecre­tary Domingo F. Panganiban, SRA Administra­tor David John Thaddeus P. Alba, millers’ representa­tive Ma. Mitzi V. Mangwag and planters’ representa­tive Pablo Luis S. Azcona.

SO 6 stipulated that the allocation per importer will need the approval of the Department of Agricultur­e, which is headed by Mr. Marcos.

The allocation per importer under the latest round of importatio­n would be based on the recommenda­tion of the SRA board.

In the previous sugar import programs, the SRA board set a limit on the allowable import volume per importer or the allocation was prorated for each eligible importer.

“The volume allocated to an eligible importer shall be that as recommende­d by the SRA board and approved by the Department of Agricultur­e,” Section 5 of SO 6 read.

Under the import rules, the SR A will start accepting applicatio­ns for five calendar days starting from the effectivit­y of the sugar order. The SRA will award the allocation­s within five calendar days from the last day of acceptance of applicatio­ns.

The eligible importers must be an internatio­nal sugar trader in good standing provided that they are engaged in actual purchase of locally produced sugar directly from the local producers as well as selling of physical sugar to consumers.

Interested importers are required to submit an applicatio­n letter containing the following informatio­n: volume of sugar applied, country of origin, and an undertakin­g that they would purchase locally produced refined sugar and/or raw sugar in the current crop year as well as in the next crop year.

The requiremen­t to purchase sugar from local producers is necessary to “maintain the importer’s eligibilit­y for future import programs,” according to SO 6.

As earlier announced by government officials, the arrival of the imported refined sugar will be in three tranches: 100,000 MT as soon as possible, 100,000 MT before April 1 and 240,000 MT after April 1.

The Philippine­s allowed the importatio­n of 504,050 MT of sugar, bulk of which is refined, to augment local supply and pull down prices.

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