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Philippines Law Could Incentivize Certain Ag Imports

A recently enacted law in the Philippines could expand tariff and tax incentives for a variety of agricultural inputs, USDA's Foreign Agricultural Service said in a March 6 report. The law could specifically provide some exemptions for import duties on…

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raw materials to support local agricultural production, the agency said. USDA said the country is finalizing the agricultural subsectors that could benefit from the law.