DIRECTING THE COMMITTEE ON SCIENTIFIC AND TECHNICAL COOPERATION WITH SOCIALIST COUNTRIES TO DELETE THE PEOPLE’S REPUBLIC OF CHINA FROM THE LIST OF COUNTRIES COVERED BY LETTER OF…

WHEREAS, Letter of Instructions No. 444 has included the People’s Republic
of China in the list of socialist and other centrally-planned economy
countries;

WHEREAS, market forces now play a determining role in the economy of the
People’s Republic of China;

WHEREAS, the People’s Republic of China has applied for accession to the
World Trade Organization;

WHEREAS, it is the policy of the Government to develop and strengthen trade
relations with the People’s Republic of China;

WHEREAS, continued coverage of the People’s Republic of China by Letter of
Instructions No. 444 is no longer consistent with the country’s national
interest, as coursing Republic of the Philippines-People’s Republic of China
Trade through the Philippine International Trading Corporation as provided for
under Letter of Instructions No. 444 is becoming an unnecessary barrier to
trade;

NOW, THEREFORE, I, FIDEL
V. RAMOS, President of the Republic of the
Philippines, by virtue of the powers vested in me by law, do hereby order:

The Committee on Scientific and
Technical Cooperation with Socialist Countries to delete the People’s Republic
of China from the list of countries covered by Letter of Instructions No. 444.

Done in the City of Manila, this
12^th day of May in the year of Our Lord, Nineteen Hundred and
Ninety-Five.

(Sgd.) FIDEL
V. RAMOS
President of the Philippines

By the President:

(Sgd.) TEOFISTO T. GUINGONA, JR.
Executive Secretary

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