January 19, 1982

EXECUTIVE ORDER NO. 769

CONCERNING THE SHIPMENT OF SEA-BORNE IMPORT AND EXPORT CARGOES OF THE PHILIPPINES

WHEREAS,

WHEREAS, cda

WHEREAS, the Philippines has available an ocean-going fleet to which a substantial share of the carriage of import and export goods needs to be ensured;

WHEREAS, the Philippines has ratified the UNCTAD Code of Conduct for Liner Conferences;

WHEREAS, there is a need for a more effective mechanism to implement

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, do hereby order the Maritime Industry Authority to issue the necessary rules and regulations within sixty (60) days from this date:

1. In accordance with the cargo-sharing formula of the UNCTAD Liner Code, to reserve at least 80% of the Philippine export and import liner cargo trade not covered by

2. To regulate all Philippine international sea-trade routes and Philippine international flag carriers to ensure adequacy of shipping space and prevent overtonnaging.

3. The Philippine Shippers Council, Philippine Ports Authority, Bureau of Customs, Central Bank, Philippine Coast Guard and all other relevant government agencies are hereby enjoined to give full support and cooperation to the Maritime Industry Authority for the effective and efficient implementation of this Executive Order and of the rules and regulations to be issued thereunder. casia

DONE in the City of Manila, this 19th day of January, in the year of Our Lord, Nineteen Hundred and Eighty-Two.

Published in the Official Gazette, Vol. 78 No. 5, 462-11 Supp., on February 1, 1982.