BusinessWorld E-paper
June 13, 2022
THE PHILIPPINES and Thailand have signed a bilateral understanding to resolve their 14-year dispute over the customs valuation of cigarettes, the World Trade Organization (WTO) said on Saturday.
The WTO said in a statement on its website that the understanding signed on June 7 is meant to help the two countries come up with agreed procedures for
the “comprehensive” settlement of their longstanding trade dispute over Thailand’s customs and fiscal measures on cigarettes imported from the Philippines.
