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 minimum 50% margin of preference on certain products included in the brand to brand complementation scheme in the automotive industry under the basic agreement on ASEAN industrial complementation.

Amending EO no. 79 s. 1993, entitled, modifying the rates of import duty on certain imported articles as provided under the Tariff and Customs Code of 1978, as amended, in order to implement the minimum 50% margin of preference on certain products included in the brand to brand complementation scheme in the automotive industry under the basic agreement on ASEAN industrial complementation.

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 decision taken by the ASEAN senior economic official's meeting to extend a minimum 50% margin of preference on certain products included in the brand to brand complementation scheme in the automotive industry under the basic agreement on ASEAN industrial complementation.

Directing the Progressive Car Manufacturing Program (PCMP)

Declaring the period from March 1 to 7, 1972, as Progressive Car Manufacturing week.