[ EXECUTIVE ORDER NO. 558, January 17, 1953 ]

AUTHORIZING ENTRY INTO THE PHILIPPINES WITHOUT IMPORT LICENSE OF EMBROIDERY RAW MATERIALS CONSIGNED WITHOUT REQUIRING FOREIGN EXCHANGE, FOR PROCESSING INTO FINISHED EMBROIDERY PRODUCTS AND RETURN TO THE COUNTRY OF ORIGIN.



By virtue of the powers vested in me by section 1 of Republic Act No. 650, entitled œAn Act to regulate imports and for other purposes,  and upon the recommendation of the Import Control Commission and the Office of Economic Coordination, I, Elpidio Quirino, President of the Philippines do hereby order:
  1. Beginning with the first semester of the calendar year 1953, the entry of embroidery raw materials into the Philippines on consignment basis, without requiring foreign exchange, for processing into finished embroidery products and return to the country of origin, is hereby authorized without import license, subject to such rules and regulations as may be prescribed by the Commissioner of Customs to insure the return of the embroidery materials, in finished and/or unfinished or other form, to the country of origin:Provided, That the labor and other work or expense involved in the processing of the embroidery products have been duly paid for and received in the Philippines in United States dollar exchange.

  2. The parties benefited by the exemption from import license herein granted shall raise the scale of wages of their embroidery workers to a level higher than their present wages and the Secretary of Labor shall see to it that this condition is complied with, otherwise non-compliance therewith by the employees concerned shall be sufficient ground for the revocation of the exemption.

  3. This Order shall take effect as of January 1, 1953.
Done in the City of Manila, this 17th day of January, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the seventh.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary