4. The projects and programs “for the benefit of the coconut farmers and the development of the coconut industry” should be funded by the Trust Fund with emphasis on those involving coconut planting & re-planting, fertilization & pest control, research & development, and insurance and health maintenance.

5. Various assets and companies acquired through or funded by the various coco levy funds should now be privatized by the government since it is more efficient for the private sector to manage such assets, and that the proceeds thereof be remitted to form part of the Trust Fund’s capital;

6. The coconut farmers and the industry associations support PCA’s “road map” especially those involving the implementation of programs and projects “for the benefit of the coconut farmers and the development of the coconut industry”;

7. The various projects and programs envisioned under PCA’s road map may very well be the same projects and programs that may be funded and financed by the Trust Fund;

8. The government must be transparent and update the coconut farmers and the industry stakeholders as to the status of the proceeds of the redemption of the CIIF Block of SMC Shares;

K. Accordingly, the participants RESOLVED and APPROVED:

1. To respectfully request the government through His Excellency, PRESIDENT BENIGNO C. AQUINO III, to consider implementation of the following:

a. Convene the Legislative Executive Development Advisory Council (LEDAC) to discuss as to whether the Supreme Court’s directive that the CIIF OMG, 14 CIIF Holding Companies and the CIIF Block of Shares (now redemption proceeds) “be used for the benefit of the coconut farmers and the development of the coconut industry” would be best implemented through the enactment of a law or through an executive issuance;

b. If it is determined appropriate by LEDAC that a law be enacted by Congress (instead of an executive issuance) to implement the aforesaid Supreme Court directive, to certify the appropriate bill (as filed by a member of Congress or recommended by a Committee of either House of Congress) as urgent. If determined that an executive issuance will suffice for the purpose, for the President of the Philippines to approve such issuance;

c. Direct the Department of Agriculture (DA) and the Philippine Coconut Authority (PCA) to finalize the “road map” for projects and programs “for the benefit of the coconut farmers and the development of the coconut industry;”

d. Direct that the cash dividends on and the redemption proceeds of the CIIF Block of SMC Shares now be removed from escrow and transferred to regular accounts considering that the ownership issue over the CIIF Block of SMC Shares has been resolved by the Supreme Court; and

e. Direct the privatization of the CIIF OMG and the 14 CIIF Holding Companies with the Privatization Management Office (PMO) and the Department of Finance (DOF) handling/overseeing such privatization efforts.

2. To respectfully furnish copies of this Resolution together with the Output of the 1st Coconut Farmers & Industry Stakeholders Summit, to the following:

a. Hon. Benigno C. Aquino III, President of the Philippines;
b. Hon. Juan Ponce Enrile, Senate President;
c. Hon. Feliciano Belmonte, Speaker, House of Representatives
d. Hon. Francis Pangilinan, Chairman, Senate Committee on Agriculture & Food
e. Hon. Ralph Recto, Chairman, Senate Committee on Government Corporations
f. Hon. Mark Llandro Mendoza, Chairman House Committee on Agriculture
g. Hon. Paquito Ochoa, Executive Secretary
h. Hon. Rene Almendras, Cabinet Secretary
i. Hon. Cesar Purisima, Secretary of Finance
j. Hon. Proceso Alcala, Secretary of Agriculture
k. Hon. Euclides Forbes, Administrator, Philippine Coconut Authority
l. Hon. Andres D. Bautista, Chairman, Presidential Commission on Good Government 

DONE this 8th day of January 2013 at the La Breza Hotel, Mother Ignacia Avenue, South Triangle, Quezon City, M.M.  

Industry Associations/Other Stakeholders

United Coconut Associations of the Philippines (UCAP)

Association of Coconut Brokers, Inc. (ACBI)

Association of Philippine Coconut Desiccators (APCD)

Coconut Oil Refiners Association (CORA)

Philippine Coconut Authority (PCA)

Philippine Coconut Oil Producers Association, Inc. (PCOPA)

Philippine Coconut Producers Federation, Inc. (COCOFED)

Philippine Coconut Research & Development Foundation, Inc. (PCRDF)

Philippine Oleochemical Manufacturers Association (POMA)

Virgin Coconut Oil Producers & Traders Association of the Philippines (VCOP)

Farmer Federations/Organizations/Groups

Pambansang Koalisyon ng mga Magsasaka at Manggagawa sa Niyugan (PKSMN) *

Philippine Coconut Producers Federation (COCOFED) **

Philippine Association of Small Coconut Farmers Organization (PASFCO) ***

Coconut Farmers Federation (COFFRA)
Federation of Free Farmers (FFF)
Coconut Industry Reform Movement (COIR)
Members ng Fonus Multipurpose Cooperative Misamis Oriental. (MF COOP)
Association of Coconut Producers for Poverty Alleviation (ACOPRA)
Municipal Chapter Lakas Manggagawa ng Pilipinas (LMP)
Hibabaogan Farmers Association (JPGA/HFA)

* Organizations under Pambansang Koalisyon ng mga Magsasaka at Manggagawa sa Niyugan (PKSMMN) 
1) Coconut Farmers Federation
2) Provincial Agricultural and Fishery Council
3) Pambansang Mananalon, Magsasaka, Magbabaul, Maguuma ng Pilipinas
4) Central Small Coconut Farmers Multipurpose Cooperative
5) Shariff Kabunsuan Coconut Farmers Multipurpose Cooperative
6) Bicol Coconut Farmers’ Alliance

** Organization under Philippine Coconut Producers Federation (COCOFED)

*** Organizations under Philippine Association of Small Coconut Farmers Organization (PASCFO)
1) Southern Bondoc Peninsula Producers Cooperative (SBPPC)
2) Small Coconut Farmers Organization (LGU – SCFO)
3) Pambansang Federasyon ng Samahan ng Maliliit na Magniniyog ng Infanta, Quezon (PAFESAM)


January 08th, 2013
Filed under: Industry News