Consumer group seeks suspension of safeguards

2019-02-07 02:36:20

Consumer group Laban Konsyumer Inc. (LKI) has asked the Tariff Commission (TC) to order the suspension of the implementation of the provisional safeguard measure on imported cement by February 9 when the additional tariff shall have taken effect.

LKI president Vic Dimagiba  said he has asked the body to stop implementing the order of the Department of Trade and Industry (DTI) slapping a tariff of P210 per metric ton of imported and give way to the 120-day period of investigation.

This investigation will determine with finality whether or not imports had caused injury to the local cement manufacturing industry..

Dimagiba said the TC as a quasi-judicial body can order the suspension.

The LKI raised this at a preliminary conference on February 4 of the TC on the DTI order.

Dimagiba also urged the DTI to issue suggested retail price on cement to guide consumers as this time when additional tariffs are anticipated on imports. 

Specifically, Dimagiba asked DTI to submit the prevailing prices for the past three months, of the local cement plants and imported brands listed on the DTI E- Presyo, namely Ha Long, Grand Premium, Red Lion, Mayon, Northern Cement, Grand Pozzolan, Advance Eagle, Rizal, Republic, Holcim Excel, Apo and Mindanao, in Metro Manila and all key cities.

https://www.malaya.com.ph/business-news/business/consumer-group-seeks-suspension-safeguards

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