Modifying the Rates of Duty on Certain Imported Articles Re: AICO Scheme for Nissan

October 3, 2003 EXECUTIVE ORDER NO. 245 MODIFYING THE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER THE TARIFF AND CUSTOMSCODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE PREFERENTIAL TARIFF RATES ON CERTAIN PRODUCTS UNDER THE ASEANINDUSTRIAL COOPERATION (AICO) SCHEME, IN FAVOR OF NISSAN MOTOR PHILIPPINES, INC. (NISSAN) (COE NO. NISSAN/2003/5) WHEREAS, the Philippines is a Contracting Party to the Basic Agreement on the ASEAN Industrial Cooperation Scheme signed in Singapore on 27 April 1996; aDSHIC WHEREAS, the Philippines is a participating country in the approved AICO Arrangements of Nissan Motor Philippines, Inc. along with Thailand; WHEREAS, under the Nissan AICO Arrangement, the Philippines (Nissan Motor Philippines, Inc.) will import from Thailand (Siam Nissan Automobile Co. Ltd.) certain original equipment manufacture (OEM) automotive parts/components for Nissan Sentra passenger cars (HS 8703.90 10). In exchange, Thailand will import from the Philippines complementary component parts for OEM Nissan Sunny passenger cars; WHEREAS, AICO Certificate of Eligibility No. Nissan/2003/5 was issued on 10 April 2003 in favor of the participating companies in the Nissan AICO Arrangement; WHEREAS, in consonance with Articles 5 and 7 of the Basic Agreement of the (AICO) Scheme, participating companies in the approved Nissan AICO Arrangement shall qualify for 0-5% preferential tariff rates to be extended by the Philippines and Thailand as participating countries. NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, pursuant to the powers vested in me under Section 402 of the Tariff and Custom Code of the 1978, as amended, do hereby order: SECTION 1. The articles specifically listed in "Annex A" hereof, as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be accorded the AICO rate of 3% on parts/components of Nissan Sentra passenger cars (HS 8703.90 10) as specified in Column 6 thereof. SECTION 2. The AICO rate provided in Annex "A" shall be accorded to the AICO entity in Thailand (Siam Nissan Automobile Co. Ltd.) upon effectivity of this Executive Order. SECTION 3. In the event that any subsequent changes are made in the basic Most Favored Nation (MFN) Philippine rate of duty on any of the articles listed in Annex "A" to a rate lower than the AICO rate prescribed in Column 6 of Annex "A" such articles shall automatically be accorded the corresponding reduced rate of duty. SECTION 4. Upon the effectivity of this Executive Order, the articles specifically listed in the aforesaid Annex "A" which are entered or withdrawn from warehouses in the Philippines for consumption shall pay the applicable AICO preferential tariff rates specified under Section 1 hereof, subject to qualification under the rules of Origin for CEPT, as evidenced by the Certificate of Origin-Form "D". SECTION 5. Any revision to the part numbers and to the AICO company appearing in Column 4 and Column 5, respectively, of Annex "A" as well as in the pertinent Section of this Executive Order shall be communicated immediately to the Bureau of Customs by the Board of Investments within five (5) days after receipt of the official copy of the COE on the revised part number/s and/or change or addition of AICO company from the ASEAN Secretariat SECTION 6. This Executive Order shall be effective immediately. DONE in the City of Manila, this 3rd day of October, in the year of Our Lord, Two Thousand and Three. Published in the Manila Times on October 14, 2003. ANNEX "A" ARTICLES GRANTED PREFERENTIAL TARIFF UNDER THE APPROVED NISSAN AICO SCHEME HS MODEL/ PRODUCT/ PART NO SOURCE APPLICABLE CODE TYPE PART NAME COUNTRY AICO (AICO PREFERENTIAL COMPANY TARIFF (%) (1) (2) (3) (4) (5) (6) 8703.90 10 SENTRA Various components/Parts Thailand Passenger (Siam Nissan Car Automobile Co. 3 Ltd.) CABLE ASSY-ACCEL 18201 8M500 SW ASSY HAZARD 25290 8M600 SW UNIT-POWER WDW, ASST 25411 8M600 LAMP ASSY-HEAD, RH 26010 8M305 LAMP ASSY-HEAD, LH 26060 8M305 LAMP ASSY-FR TURN SIGNAL, RH 26130 8M300 LAMP ASSY-FR TURN SIGNAL, LH 26135 8M300 LAMP ASSY-RR COMB, RH 26550 8M300 LAMP ASSY-RR COMB, RH 26550 8M301 LAMP ASSY-RR COMB, LH 26555 8M300 LAMP ASSY-RR COMB, LH 26555 8M301 DVC ASSY-PKB 36010 8M600 CABLE ASSY-PKB, RR RH 36530 8M600 CABLE ASSY-PKB, RR RH 36530 8M610 CABLE ASSY-PKB, RR LH 36531 8M600 CABLE ASSY-PKB, RR LH 36531 8M610 JT ASSY-STRG, COL, LWR 48080 8M500 COL ASSY-STRG, UPR 48810 4M510 STAB-FR 54611 8M620 ROD COMPL-CONT 55120 43U01 LINK COMPL-LATERAL 55130 8M600 BMPR-BOUND, RR SUSP 55240 8M600 PROTR-FR FDR, RH 63842 8M600 PROTR-FR FDR, LH 63843 8M600 WSTRIP DRIP RH 76842 8M600 WSTRIP DRIP LH 76843 8M600 WELT-BODY SIDE, FR RH 76921 8M600 WELT-BODY SIDE, FR LH 76922 8M600 WELT-BODY SIDE, RR RH 76923 8M600 WELT-BODY SIDE, RR LH 76924 8M600 WSTRIP ASSY FR DOOR, RH 80830 8M620 WSTRIP ASSY FR DOOR, LH 80831 8M620 WSTRIP ASSY RR DOOR, RH 82830 8M620 WSTRIP ASSY RR DOOR, LH 82831 8M620 WSTRIP-TRUNK LID 84830 8M600 FRAME & SPR ASSY CUSH FR SEAT, RH 87301 8M600 FRAME & SPR ASSY CUSH FR SEAT, LH 87351 8M600 FRAME & SPR ASSY BACK SEAT, RH 87601 8M600 FRAME & SPR ASSY BACK SEAT, LH 67651 8M600 MIRROR ASSY-DOOR, RH 96301 8M560 MIRROR ASSY-DOOR, RH 96301 8M610 MIRROR ASSY-DOOR, RH 96301 8M760 MIRROR ASSY-DOOR, LH 96302 8M560 MIRROR ASSY-DOOR, LH 96302 8M610 MIRROR ASSY-DOOR, LH 96302 8M760 COVER-MIRROR BODY, RH 96373 8M501 '6 COVER-MIRROR BODY, LH 96374 8M501 '6 SUNVISOR ASSY-RH 96400 8M500 SUNVISOR ASSY-RH 96400 8M520 SUNVISOR ASSY-LH 96401 8M500 SUNVISOR ASSY-LH 96401 8M520 MLDG-BACK WDW 79750 8M600 BAFFLE FUEL TANK "A" 17216 8M700 BAFFLE FUEL TANK "A" 17216 8M701 BAFFLE FUEL TANK "A" 17216 8M702 TUBE VENT 17224 8M600 TUBE VENT 17224 8M601 BRKT CHMBER FUEL TANK 17282 8M700 TUBE EVAPO 17339 8M600 RET FUEL GAUGE 17341 57Y20 FR FLOOR 74312 5M200 RR FLOOR FR 74512 5M200 RR FLOOR RR 74514 5M000 CABLE COMPL-HOOD LOCK CONT 65621 8M500