00:00The reduction of the tariffs on the export of Filipino bananas in Japan is being discussed.
00:05The production of other tropical fruits is also being increased.
00:10Velgastudio of PTV has news for the country.
00:15The Department of Agriculture and Japan has already discussed the reduction of tariffs on the import of Filipino bananas in Japan.
00:23According to the Philippine-Japan Economic Partnership Agreement,
00:26the tariff on bananas is 18% during the winter season and 8% during the summer,
00:32which is higher than in other countries where the tariff on the export of bananas is almost non-existent.
00:39On the other hand, 75% of the market share of the Philippines in Japan comes from bananas.
00:50According to the International Trade Center,
00:52the total exportation quantity of the Philippines has increased in different types of bananas.
00:57The export quantity of bananas in Japan increased by more than 60,000 tons, according to the latest figure in 2023.
01:05It is important that the tariffs imposed by Japan on our export bananas are lowered
01:11so that the price of bananas in Japan is more competitive
01:17and our exporters can export more bananas.
01:24The production of other tropical fruits is also being increased,
01:28including mangoes, pineapples, desiccated coconuts, and avocado.
01:32Aside from the investment attraction, it can also help in food and job security,
01:37especially for banana farmers and workers in Mindanao.
01:40The D.A. is anchored in the 10-point agenda of President Ferdinand R. Marcos Jr.,
01:45who is always supportive of farmers.
01:48From People's Television Network, Vel Custodio, Balitang Pambansa.
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