TRADE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES AND THE GOVERNMENT OF THE UNITED STATES OF AMERICA

Bilateral
The Government of the Republic of the Philippines and the Government of the United States of America, have, through their respective plenipotentiaries, reached the following agreement on the trade concessions and contributions exchanged between them within the framework of the Declaration of Ministers in Tokyo on September 14, 1973 otherwise known as the Multilateral Trade Negotiations. 

ARTICLE I
Articles, the growth, produce, or manufacture of the Philippines enumerated in Schedules I and I-A, annexed to this agreement and made a part thereof, subject to the conditions specified herein, shall be upon importation into the United States subject to customs duties not in excess of those set forth in the said schedules on and after the dates specified therein. 

ARTICLE II
Articles, the growth, produce, or manufacture of the United States enumerated in Schedules II and II-A annexed to this agreement and made a part thereof, subject to the conditions specified herein, shall be upon importation into the Philippines, subject to customs duties not in excess of those set forth in the said schedules on and after the dates specified therein.

The tariff concessions on the articles enumerated in schedules II and II-A shall be acceptable to the United States as the tariff contribution of the Philippines towards its accession to the General Agreement on Tariffs and Trade (GATT) which will be annexed to the Protocol of Accession.

ARTICLE III
All the tariff concessions enumerated in the Schedules shall be incorporated in each country’s GATT schedule.

ARTICLE IV 
No measure shall be adopted or modified by either Government adversely affecting the concessions granted in the Schedules which is inconsistent with the provisions of the General Agreement on Tariffs and Trade. The United States takes note that the Philippines, as part of its accession to the General Agreement on Tariffs and Trade, has provided a list of products which cannot be freely imported.

ARTICLE V
Any problem affecting the implementation of the concessions in the Schedules shall be resolved through consultation and negotiations.

ARTICLE VI
The United States agrees to reexamine the requests of the Philippines for tariff concessions on scrap tobacco (TSUS 170.6020) in the light of the total Multilateral Trade Negotiations package.

ARTICLE VII
This agreement shall enter into force upon its signature.

DONE in two (2) original copies, each copy in English and Pilipino, both texts being equally authentic, at Manila, this 30th day of October 1979.

FOR THE: FOR THE:
   
 (Sgd.)  (Sgd.)
REPUBLIC OF THE PHILIPPINES UNITED STATES OF AMERICA

Entry into Force: October 30, 1979