Bill defines smuggling as economic sabotage
The partylist group Abono has filed a bill to fight the smuggling of agricultural products, making the illegal activity a form of economic sabotage. Rosendo So, Abono chair, said House Bill No. 4767, known as the “Direct and Technical Smuggling as Economic Sabotage Act of 2014,” would help local producers and manufacturers compete and eliminate unfair competition. “Imagine the taxes lost because of smuggling and its impact on local farmers who cannot compete with the low prices of smuggled goods,” said So, who is also president of Samahang Industriya ng Agrikultura. So, citing information gathered by Abono, said a total of P65-billion worth of agricultural products like rice, pork and poultry, were smuggled into the country in 2012 and 2013. “Considering the far-reaching effect of smuggling on the Philippine economy and on Filipinos regardless of their socio-economic status, smuggling should be considered a form of economic sabotage,” Abono Representatives Francisco Emmanuel Ortega and Conrado Estrella III said in the bill’s explanatory note.
http://newsinfo.inquirer.net/626665/bill-defines-smuggling-as-economic-sabotage
Related Posts
Agri stakeholders hail new anti-smuggling law
A coalition of agriculture stakeholders hailed the signing of Republic Act...
Customs foils distribution of P10.1-M smuggled cigarettes in ZamBaSulta area
Hundreds of cases of smuggled cigarettes intended for distribution in the...
2m cigarettes seized in Northern Ireland raids
Around 2m cigarettes have been seized in a raid on a tobacco processing plant in...
Apple Sues Accessory Makers for Selling Fake Products on Amazon, Groupon.
Claiming that genuine Apple accessories like Lightning-to-USB cables and USB...