Briefly. the objective of this legislation is. as I have said. the establishment of a mutually advantageous trade relationship between the United States and the Republic of the Philippines. and covers a 28year period. It is designed to provide incentives for rehabilitation and development of the islands and to provide stability to future commerce. The principal matters dealt with are: First. Customs duties on a reciprocal basis. preferential as against all other countries. . Second. Establishment of quotas on the imports of certain Philippine products. Third. Reciprocal nondiscriminatory treatment in the field of taxes. Fourth. Adjustments in the immigration laws of both countries to meet the pressing needs of the immediate future. Fifth. Protection of United States citizens and American business enterprises. regardless of form. against discriminatory treatment.
Keywords matched
immigration