Modifying the Rates of Duty on Certain Imported Articles as Provided under the Tariff and Customs Code of 1978, as Amended, in Order to Implement the Preferential Tariff Rates on Certain Products under the Asean Industrial Cooperation (AICO) Scheme, in Favor of Mitsubishi Motors Philippines (MMPC)

November 3, 2001 EXECUTIVE ORDER NO. 52 MODIFYINGTHE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER THE TARIFF AND CUSTOMSCODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE PREFERENTIALTARIFF RATES ON CERTAIN PRODUCTS UNDER THE ASEAN INDUSTRIALCOOPERATION (AICO) SCHEME, IN FAVOR OF MITSUBISHI MOTORSPHILIPPINES (MMPC) WHEREAS, the Philippines is a Contracting Party to the Basic Agreement on the ASEAN Industrial Cooperation Scheme (AICO) signed in Singapore on 27 April 1996; WHEREAS, the Philippines is a participating country in the approved AICO Arrangements of Mitsubishi Motors Philippines (MMPC) and Asia Transmission Corporation (ATC) along with Indonesia; WHEREAS, under the MMPC and ATC AICO Arrangement, the Philippines (Mitsubishi Motors Philippines Corporation and Asia Transmission Corporation) will import from Indonesia (PT. Krama Yudha Tiga Berlian Motors) certain original equipment manufacture (OEM) automotive parts/components for L-300 Van (HS 8702.90 10), Adventure Van (HS 8702.90 10), and L-200 Pick-up (HS 8704.90 10), and in exchange Indonesia will import from the Philippines complementary parts/components for the OEM of Kuda D and G, and L-300: WHEREAS, AICO Certificate of Eligibility (COE) No. Mitsubishi/2000/2(A) was issued on 25 August 2000 replacing AICO COE No. Mitsubishi/2000/2 issued on 17 May 2000, in favor of the participating companies in the Mitsubishi AICO Arrangement; WHEREAS, in consonance with Articles 5 and 7 of the Basic Agreement of the AICO Scheme, participating companies in the approved MMPC AICO Arrangement shall qualify for 0-5% preferential tariff rates to be extended by Indonesia and the Philippines for MMPC as participating countries, effective within 45 days from the date of issuance of the Certificate of Eligibility No. Mitsubishi/2000/2(A) by the ASEAN Secretariat. NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO , President of the Philippines, pursuant to the powers vested in me under Section 402 of the Tariff and Customs Code of 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 L-300 Van (HS 8702.90 10), Adventure Van (HS 8702.90 10), and L-200 Pick-up (HS 8704.90 10) as specified in Column 6 thereof. SECTION 2. The AICO rate provided in Annex " A " shall be accorded to the AICO entity in Indonesia (PT. Krama Yudha Tiga Berlian Motors) effective 18 July 2000. SECTION 3. In the event that any subsequent changes are made in the basic (Most Favored Nation) 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 article shall automatically be accorded the corresponding reduced rate of duty. Effective 01 January 2003, the final CEPT rate on the article shall apply. 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 rate specified under Section 1 hereof, subject to qualification under the Rules of Origin for the CEPT, as evidenced by the Certificate of Origin-Form "D". SECTION 5. Any revision/s to the part numbers appearing in Column 4 of Annex " A " 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 revised part number/s from the ASEAN Secretariat. SECTION 6. The Secretary of Finance in consultation with the National Economic & Development Authority (NEDA) shall issue the appropriate guidelines to implement and rationalize the preferential tariff privilege herein granted. SECTION 7. This Executive Order shall take effect immediately. DONE in the City of Manila, this 3rd day of November, in the year of Our Lord, Two Thousand and One. ANNEX "A" ARTICLES GRANTED PREFERENTIAL TARIFF UNDER THE APPROVED MITSUBISHI AICO SCHEME SOURCE APPLICABLE AICO HS MODEL/ PRODUCT PART COUNTRY PREFERENTIAL CODE TYPE DESCRIPTION NO. (AICO COMPANY) TARIFF (%) (1) (2) (3) (4) (5) (6) 8702.90 10 Various Parts/Components: Indonesia L-300 Oil pan assy MD328203 PT Krama Yudha 3 L-300 Rocker cover assy MD164603 Tiga Berlian Motors L-300 Gasket C/Head MD302890 (KTB) L-300 Ring gear MD024812 L-300 T/M Case MD725114 L-300 Extension housing MR305075 L-300 Under cover assy MD703445 8702.90 10 Various Parts/Component: Indonesia Adventure Regulator Assy, F/DR LH MR274735 PT Krama Yudha 3 Adventure Regulator Assy, F/DR RH MR274736 Tiga Berlian Motors Adventure Regulator Assy, R/DR LH MR274741 (KTB) Adventure Regulator Assy, R/DR RH MR274742 Adventure Plug MU670005 Adventure Hub, Front (Disc brake) MR210449 Adventure Shackle Assy MB110494 Adventure Plate, Shackle MB110496 Adventure U-Bolt (L=145) MB110990 Adventure U-Bolt (L=150) MB110991 Adventure Flasher unit MR359369 Adventure Rubber, Body mounting B MB136876 Adventure Rubber, Body mounting A MB275627 Adventure Bushing, Rubber MB584530 Adventure Bushing, Rubber MB584531 Adventure Run Channel F/DR WDO Glass LH MR229419 Adventure Run Channel F/DR WDO Glass RH MR229420 Adventure Hose, Vapor (6x540) MS605054 Adventure Washer (B), Eye MR353728 Adventure Bushing, Rubber, Upper side MT100378 Adventure Washer MT141239 Adventure Clip, Vapor tube MB075908 Adventure Plate, Tapping MB329081 Adventure Plate, Tapping MB400661 Adventure Pipe, Filler (A) MB678371 Adventure Plate, Nut (5) MB684501 Adventure Plate, Tapping MB889233 PT Krama Yudha 3 8702.90 10 Various Parts/Components: Indonesia Adventure Reinf, B/Dr Otr MR121649 Tiga Berlian Motors Adventure Tank, Upper MR135341 (KTB) Adventure Tank, Lower MR135342 Adventure Reinf., Fr MR135343 Adventure Protector, Fr. MR135344 Adventure Reinf., RR. Upper MR135345 Adventure Pipe assy, Leveling MR135350 Adventure Cup assy., Reservoir MR135353 Adventure Clip, Vapor tube MR204948 Adventure Brkt., LSPV MR205840 Adventure Tray, Battery MR226436 Adventure Reinf, Battery tray MR226437 Adventure Pan, RR Flr., MR226749 Adventure C/mbr Rr. End Otr. LH MR226775X Adventure Ext. Rr. End C/Mbr Otr. LH MR226781 Adventure Reinf., Rr./Plr, Lwr, LH MR226813 Adventure Reinf., Rr/Plr, Lwr, RH MR226814 Adventure Ext. Qtr. Inr. Lwr LH MR226825 Adventure Ext. Qtr. Inr. Lwr RH MR226826 Adventure Holder, B/Dr w/strip MR226866 Adventure Panel, Hood Inr MR229292 Adventure Panel, Hood Otr. MR229850 Adventure Fender Fr. MR229889 Adventure Fender Fr. MR229890 Adventure Rail Assy., Fr Roof MR230022X Adventure Rail Rr. Roof Otr. MR230025X Adventure Reinf., B/Dr Striker MR230495 Adventure Reinf, R/Plr LH MR230497 Adventure Reinf, R/Plr RH MR230498 Adventure Pnl., Rr End, Otr. MR230517 Adventure Pnl., Rr End Inr. MR230518 Adventure Ext. Qtr., Otr., Rr RH MR230552 Adventure Ext. Qtr., Inr., Rr RH MR230556 Adventure Ext. Qtr. Otr. Upr Rr RH MR230723 PT Krama Yudha 3 Adventure Ext. Qtr. Otr. Upr Rr RH MR230724 Tiga Berlian Motors 8702.90 10 Various Parts/Components: Adventure Brkt., Body Mtg. No. 1 MR234321 Indonesia Adventure Brkt., Body Mtg. No. 2 LH MR234322 (KTB) Adventure Brkt., Body Mtg. No. 2 RH MR234323 Adventure Brkt. Bumper Fr. LH MR234325 Adventure Brkt., Body Mtg. No. 3 MR234533 Adventure Brkt. C/Mbr., No. 2 MR234558 Adventure Brkt. Assy. Front Eye LH MR234560X Adventure Brkt. Assy. Front Eye RH MR234561 Adventure Brkt. ,Towing LH MR234895 Adventure Brkt., Towing RH MR234896 Adventure Reinf MR234902 Adventure Brkt., Hanger Front MR239264 Adventure Reinf., B/Dr Handle MR242584 Adventure Reinf., B/Dr Checker MR242858 Adventure Reinf, B/Dr Hinge, Upper MR242861 Adventure Reinf., B/Dr Hinge, Lower MR242862 Adventure Panel Assy., B/Dr Inr MR259397 Adventure Reinf., B/Dr Hinge MR259400 Adventure Ext. Rr. End Inr Upr LH MR259427 Adventure Ext. Rr. End Inr Upr RH MR259428 Adventure Shim B/Dr Hinge, B/Dr Assy MR259518 Adventure Panel Assy, B/Dr Otr MR259523 Adventure Panel Assy, B/Dr Otr MR259524 Adventure Brkt Assy. Strut Bar LH MR267435X Adventure Brkt Assy. Strut Bar RH MR267436X Adventure Reinf B/Dr. Wdo MR274384 Adventure Plate, B/Dr Hinge MR274587 Adventure Shim B/Dr Hinge, B/Dr Assy MR304824 Adventure Reinf, Rr Flr., RR MR371187 Adventure Handle Assy., Reg. MR732133 Adventure Wheel Compl., Strg MR770441 Adventure Cover, Speaker MB629120 Adventure Washer MB115178 PT Krama Yudha 3 Adventure Spacer A MB136879 Tiga Berlian Motors Adventure Brkt, Hanger, T/M MR204107 (KTB) 8702.90 10 Various Parts/Components: Adventure Guide Assy Dr Glass LH MR259613 Indonesia Adventure Guide Assy Dr Glass RH MR259614 Adventure Tube, Return MR267673 Adventure Shield, Dust LH MR205706 Adventure Shield, Dust RH MR205707 Adventure Brake Assy, Front LH MR370969 Adventure Brake Assy, Front RH MR370970 Adventure Cable Assy, Accel MR210521 Adventure Oil Pan MD328203 Adventure Rocker Cover Assy MD355080X Adventure Gasket, Head MD302889 Adventure Gasket, Head MD302890 Adventure Gasket, Head MD302891 Adventure Ring Gear MD024812 Adventure Fly wheel, Sub assy MD050671A Adventure Manifold intake MD074385 Adventure Manifold intake, Upper MD337415 Adventure Manifold intake, Lower MD349224 Adventure Manifold exhaust assy MD060470 Adventure Extension housing MD712674 8704.90 10 Various Parts/Components: L-200 Pick-Up Gasket C/head MD302889 Indonesia L-200 Pick-Up Gasket C/head MD302890 PT Krama Yudha 3 L'200 Pick-Up Gasket C/head MD302891 Tiga Berlian Motors L-200 Pick-Up Gasket C/head MD302892 (KTB) L-200 Pick-Up Gasket C/head MD302893 L-200 Pick-Up Ring gear MD024812 L-200 Pick-Up Manifold exh. assy MD060470 L-200 Pick-Up Extension housing MD712674 L-200 Pick-Up Under cover assy MD703445