MANILA - The government of South Korea has committed to help in returning the remaining waste materials imported here in 2018, the Department of Finance said Wednesday.
The remaining 5,176 metric tons of waste is part of the total 6,500 MT of trash Cebu-based Verde Soko Philippines Industrial Corp. had illegally imported in July and October last year, the DOF said in a statement, citing a Bureau of Customs report.
An Order of Forfeiture and Order of Re-Exportation were issued by the Port of Cagayan De Oro (CDO) to Verde SoKor, BOC Commissioner Rey Leonardo Guerrero said in a report submitted to DOF.
“The Korean government has expressed its commitment in collaborating with the Philippine government to execute the repatriation of these materials should Verde Soko fail to follow the notice of repatriation order which it issued, and its willingness to shoulder the shipping cost without the arrastre and demurrage charges,” Guerrero said.
An initial batch of 51x40 container vans were shipped to South Korea in January. The remaining materials are currently stored at the PHIVIDEC Industrial Authority in Misamis Oriental.