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Trade policy review urged

THE high cost of producing livestock and poultry in the Philippines is attributed to the current high tariffs on corn imports, according to a study commissioned by the National Economic Development Authority (NEDA).

The said study was conducted to benchmark the performance of the country's livestock, poultry, and dairy producers against those of China, Thailand, and Vietnam. It found that high tariff on corn imports in the Philippines was seen as a driving force in the high cost of producing local livestock and poultry.