Pursuant to the powers vested in me by Section 515 of Republic Act No. 1937, as amended, and upon the recommendation of the National Economic and Development Authority, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, direct and order, as follows:
SECTION 1. Copper and cement are hereby excluded from the list of export products subject to duty as provided under Section 514, title III of the tariff and Customs Code, as amended.
SEC. 2. This Executive Order shall take effect immediately.
Done in the City of Manila, this 21st day of March, in the year of Our Lord, nineteen hundred and seventy-five.
(SGD.) FERDINAND E. MARCOS
President of the Philippines
By the President:
(SGD.)
ALEJANDRO MELCHORExecutive Secretary