Daily Tribune (Philippines)

TC slates marathon probes on cement

TC announced the timetable for its investigat­ion on the request for extension and set the date of the public hearing on 1 and 4 to 7 April 2022

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The Tariff Commission (TC) will hold marathon public hearings for five days within a week next month, on the request of local cement manufactur­ers, to come up with a ruling on the proposal to extend safeguard measures against the dumping of cement imports.

During the preliminar­y conference held on Tuesday, the TC announced the timetable for its investigat­ion and set the date of the public hearing on 1 and 4 to 7 April 2022.

Among others, the TC set 17 March 2022 as the deadline for concerned parties to submit their respective initial memoranda or position papers.

The commission may also conduct virtual or onsite plant visits for data verificati­on on 18 to 24 March 2022.

Decision before May

The commission expects to issue its report on its investigat­ion before the end of April 2022.

However, the TC stressed that the schedule concerning the public hearings up to the issuance of its report is merely “indicative,” meaning it could change if there are valid reasons for delays.

Last 17 February 2022, Department of Trade and Industry (DTI) Secretary Ramon Lopez endorsed to the TC the request of the Cement Manufactur­ers Associatio­n of the Philippine­s (CeMAP) for extension of the safeguard measures against the importatio­n of cement from various countries, mostly from Vietnam.

Under the Safeguard Measures Act (RA 8800) “an extension of the measure may be requested by the petitioner if the action continues to be necessary to prevent or remedy the serious injury and there is evidence that the domestic industry is making positive adjustment to import competitio­n.”

On 24 February 2022, the Tariff Commission commenced its formal investigat­ion on the matter.

Commission may also conduct virtual or onsite plant visits for data verificati­on on 18 to 24 March 2022.

According to the Commission, its investigat­ion is “fact-finding and administra­tive in nature” and shall be conducted in a “summary manner.”

As part of its investigat­ion, the TC also monitored the adjustment plans of the local industry.

In its published report last April 2021, the TC reported that the domestic cement industry has substantia­lly complied with its commitment­s to make a positive adjustment to import competitio­n and majority of the measures have been completed and are being implemente­d to increase productivi­ty and efficiency.

 ?? PHOTOGRAPH COURTESY OF BSP ?? Artistic tribute on art Bangko Sentral ng Pilipinas launched ‘Tanaw,’ a virtual exhibition featuring some of the best works of various Filipino national artists as part of efforts to promote cultural awareness and celebrate the country’s rich cultural heritage. A four-minute projection mapping showing the works of 14 national artists on a loop are shown every night on the BSP building until 11 March.
PHOTOGRAPH COURTESY OF BSP Artistic tribute on art Bangko Sentral ng Pilipinas launched ‘Tanaw,’ a virtual exhibition featuring some of the best works of various Filipino national artists as part of efforts to promote cultural awareness and celebrate the country’s rich cultural heritage. A four-minute projection mapping showing the works of 14 national artists on a loop are shown every night on the BSP building until 11 March.

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