2 weeks TC to issue cement safeguards decision before September 10 MB |Biz
By Bernie Cahiles-Magkilat The Tariff Commission (TC) will issue its decision on the cement safeguards petition before September 10 when the provisional safeguards imposed by the Department of Trade and Industry (DTI) expires. Commission Chairman Ernesto L. Albano told reporters they have the power to raise, lower the P8.40 provisional safeguard measure imposed by the Department of Trade and Industry secretary or not to impose any safeguard measure at all on imported cement. Based on the timelines, he said, the TC is expected to come out with a decision before September 10, the date when the provisional safeguard measure lapses. ... more