FPI backs DTI probe on cement safeguard measure

The Federation of Philippine Industries (FPI) has expressed support for the move of the Department of Trade and Industry (DTI) to investigate the imposition of safeguard measures on cement imports, with the step seen to promote a level playing field.

- By LOUELLA DESIDERIO

In a statement, the FPI said the industry group supports acting Trade Secretary Cristina Roque's decision to initiate a preliminary investigation on safeguard measures on cement imports.

"FPI sees this action as a necessary response to the pressures and potential harm to the local industry posed by the surge of imported cement," the group said.

The group also views the move as an essential step toward protecting domestic manufacturers and ensuring a level playing field.