THE Philippine Chamber of Cooperatives, Inc. (Coop Chamber) said agricultural cooperatives will play a key role in addressing the challenges faced by the farming industry.
The chamber made the remarks as the House of Representatives discussed bills last week aimed at developing agricultural cooperatives.
“The proposed bills are very important, especially since the agriculture sector needs a boost — not only in terms of policy enhancement, but more importantly through the participation and collaboration of all stakeholders,” it said in a statement.
“This is essential in addressing the dire situation of our farmers, fisherfolk, and other key actors in the sector,” it added.
The group also cited the need for a clear agricultural roadmap aimed at positioning the Philippines as “one of the top producers of rice and high-value crops,” ensuring domestic food security while enabling the country to compete in global markets.
Citing President Ferdinand R. Marcos, Jr.’s 2023 State of the Nation Address, the Coop Chamber said the government has recognized the crucial role of cooperatives in strengthening the production and market power of the agriculture sector.
“Hence, (Mr. Marcos) emphasized the need to amend the provisions of Republic Act 9520 or the Cooperative Code of the Philippines,” it said.
“Another meeting will be called to finalize these bills and hopefully to come up with a Committee Report, together with the substitute bill that will be eventually discussed in the plenary,” it added.
The bills discussed during hearings last week include House Bill Nos. 1023, 2417, 3249, 3466, 5130, and 5315. — Justine Irish D. Tabile


