Ceremonial Signing of the Anti-Agricultural Economic Sabotage Act 09/26/2024
Автор: RTVMalacanang
Загружено: 2024-09-25
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Kalayaan Hall, Malacañan Palace
September 26, 2024
President Ferdinand R. Marcos Jr. signs Republic Act No. 12022, known as the Anti-Agricultural Economic Sabotage Act, during a ceremony at the Kalayaan Hall in Malacañan Palace on September 26, 2024.
This new legislation aims to strengthen the country's agricultural sector by tackling illegal activities that disrupt food supply and inflate prices.
Specifically, the Law defines crimes related to agricultural economic sabotage including smuggling, hoarding, profiteering and cartel operations that affect the availability and affordability of food in the country.
Furthermore, Republic Act No. 12022 seeks to make food more accessible and affordable for Filipinos while enhancing income opportunities for local farmers and fisherfolk.
The Law repeals Republic Act No. 10845 or the Anti-Agricultural Smuggling Act of 2016, replacing it with more comprehensive mechanisms to ensure stricter enforcement and better implementation.
Ultimately, this legislation aligns with the Administration’s broader commitment to achieving food security and supporting the agricultural sector which remains a vital pillar of the Philippine economy.
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