REVISED SUGAR POLICY FOR CROP YEAR 1999-2000

WHEREAS, Section 3 of Sugar Order No. 1, Series of 1999-2000, dated
26 August 1999, provides that the SRA shall undertake periodic
assessment of the 1999-2000 sugar production and, on the basis of such
assessment shall adjust from time to time the percentage distribution of
the different classes of sugar;

WHEREAS, the Foreign Agricultural Service of the United States
Department of Agriculture has advised the Sugar Regulatory
Administration that they will accept the surrender of the Certificates
for Quota Eligibility (CQEs) under the Fiscal Year 2000 Raw Sugar Tariff
Rate Quota (TRQ) in lieu of the actual shipment of raw sugar, on a
first-come, first-served basis;

WHEREAS, the surrender of the pertinent CQEs instead of the actual
shipment of raw sugar shall be considered as compliance by the
Philippines and hence, will not affect our country’s sugar quota in the
United States;

NOW, THEREFORE, under and by virtue of the authority vested in the
Sugar Regulatory Administration (SRA), it is hereby ordered that:

SECTION 1.        The percentage allocation for the
various classes of sugar under Section 1 of Sugar Order No. 1, Series of
1999-2000, dated 26 August 1999 is hereby revised.

All sugar production for Crop Year 1999-2000 beginning week-ending
25 June 2000 and thereafter shall be issued with weekly quedan-permits
by mill companies in the following classifications and percentages:

“A” or U.S. Quota Sugar	0%
“B” or Domestic Sugar	100%
	100%

SECTION 2.       All other provisions of the aforesaid Sugar Order No. 1, Series of 1999-2000, shall remain in full force and effect.

SECTION 3.        Provisions of Sugar Orders, Circular
Letters, Memoranda and/or other rules and regulations contrary to or
inconsistent with this Sugar Order are hereby amended, modified or
revoked.

Adopted: 14 June 2000

(SGD.) NICOLAS A. ALONSO
Administrator