MALACAÑANG

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO.

524

DECLARING JANUARY 25 TO 31, 1995, AS VOLUNTARY ARBITRATION WEEK

WHEREAS

, the Constitution of the Philippines in Article XIII – Social Justice and Human Rights – Section 3 (3), recognizes voluntary arbitration and encourages the “preferential use of voluntary modes in settling disputes”;

WHEREAS

, there is a need to create broader consciousness of voluntary arbitration as an effective measure to lessen strikes and lockouts;

WHEREAS

, voluntary arbitration is responsive to the challenge of global competitiveness and to the rapidly changing global business environment and new world trade order envisioned by the General Agreement on Trade and Tariff (GATT);

WHEREAS

, voluntary arbitration is an empowering alternative to realize the Vision of Philippines 2000 in the sector of labor-management relations;

NOW, THEREFORE, I, FIDEL V. RAMOS

, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby declare January 25 to 31, 1995 as Voluntary Arbitration Week.

DONE

in the City of Manila, this 25th day of January in the year of Our Lord, Nineteen Hundred and Ninety Five.

(Sgd.)

FIDEL V. RAMOS

By the President

(Sgd.) TEOFISTO T. GUINGONA, JR.