Trade Chief at the Pandesal Forum

Department of Trade and Industry (DTI) Secretary Ramon M. Lopez speaks at the Pandesal Forum together with National Economic and Development Authority (NEDA) Assistant Secretary Mercedita Sombilla, and Mr. Wilson Lee Flores as the moderator.

The officials share how consumers and farmers will benefit from the RA 11203 or the Rice Tariffication Act. The new bill will provide consumers rice at a lower price and will enhance our local rice industry's competitiveness. Moreover, farmers will benefit from the law through incentives. Preferential attention will be given to farmers, cooperatives, associations and will be given direct support for mechanization, seeds, fertilizer, financing, and irrigation.

Watch the video here.

Date of Release: 25 March

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