President Rodrigo Duterte has allowed additional pork imports to boost the supply and stabilize meat prices, a Palace official said on Thursday. President Rodrigo Duterte. Contributed photo According to Cabinet Secretary Karlo Alexei Nograles, the President approved during a Cabinet meeting on Wednesday the recommendation of the Department of Agriculture (DA) to increase the Minimum Access Volume (MAV) of pork imports for this year. He said the present MAV was 54,210 metric tons, but the DA projected that the annual demand for pork supply will reach 1,618,355 mt. “The DA has recommended that the MAV must be expanded just enough to cover the projected shortfall for the year,” Nograles said during a virtual press briefing. The MAV sets the limit on agricultural imports that have a customs duty lower than the out-quota customs tariff. Nograles said Duterte approved this proposal, along with the creation of a sub-task group on economic intelligence “to go after smugglers, profiteer...
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