Metro Manila, Philippines — The country has a new law that would penalize crimes classified as agricultural economic sabotage.
President Ferdinand Marcos Jr. enacted the Anti-Agricultural Economic Sabotage law at Malacañan Palace on Thursday, Sept. 26. It defines crimes related to agricultural economic sabotage including smuggling, hoarding, profiteering, and cartel operations.
Such activities will be flagged as a possible economic sabotage case when the value of goods exceeds ₱10 million.
Malacañang said the law replaced the Anti-Agricultural Smuggling Act “with more comprehensive mechanisms to ensure stricter enforcement and better implementation.”
“We will enforce the law and ensure that swift and decisive action is taken against anyone who dares to sabotage our agricultural sector,” Marcos said in a speech after the signing ceremony.
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Marcos: Let me be clear, this law does not just target the masterminds. It holds all accomplices accountable — financiers, brokers, employees, even transporters | @JeloMantaring pic.twitter.com/oECec8hBKd
— NewsWatch Plus PH (@newswatchplusph) September 26, 2024
