Post by account_disabled on Dec 30, 2023 3:06:37 GMT
The Department of Negotiations is pleased that the FTA will help push the export of rubber products. Aiming to discuss with old and new trading partners to continue canceling taxes. 5e032ea4553a3-690x450 The Department of International Trade Negotiations revealed that the FTA played an important role in pushing up exports of Thai rubber products. Over 11 months, exports exceeded 10 billion US dollars, increasing 1.6% after most negotiating partners no longer collected import taxes from Thailand, leaving more. 5 countries where some items are stored Stated preparation to negotiate to open more markets both in upgrading the original FTA FTA under negotiation and new FTA Ready to advise exporters to use FTA rights as a way to create export opportunities for their products. Mrs. Oramon Sapthaweetham Director-General of the Department of International Trade Negotiations revealed that the department has been following up on rubber product export statistics. This is one of the products that Thailand has potential and is worth keeping an eye on. Because it has the 4th highest export value after automobiles and components.
Computers and components Gems and jewelry. During the 11 months of 2019 (Jan.-Nov.), Thailand exported rubber products to the world market up to 10,221 million USD, an increase of 1.6%, with important export markets being the United States, China, and Japan. ASEAN and Australia, where the United States has a share of 30% of exports and the remaining 4 countries have a combined share of approximately 40% and important export products such as tires used for vehicles. Synthetic rubber and rubber gloves, etc., are important factors that allow Thailand to increase the export of Telegram Number Data rubber products. And now it has moved up to be the 4th largest exporter in the world after China, Germany and the United States because Thai products are not subject to customs duties from importing countries. This is because Thailand also has a Free Trade Agreement (FTA), which Thailand has 13 FTAs with 18 countries, including the 10 ASEAN countries, China, Japan, South Korea, India, Australia, New Zealand, Peru, Chile and Hong Kong, where rubber products from Thailand are not subject to tariffs. Already imported into 13 countries, including 9 ASEAN members, Japan, Australia, New Zealand, and Hong Kong. The remaining 5 countries are China, South Korea,
India, Chile, Peru, which are exempt from import duties on most rubber products from Thailand. But maintaining the collection of taxes on some items. As for the United States, although it is not Thailand's FTA partner, in the past Thailand has received preferential tariffs (GSP) from the United States. In addition, the United States Imports from Thailand increased instead of products from China. This has allowed Thailand to export more to the United States. However, in order for trading partners to open additional markets for rubber products to Thailand, the Department will continue to negotiate and push through the review of the current FTA. Finding a conclusion to the FTA that is currently being negotiated Including opening new FTA negotiations such as Thailand-European Union (EU), Thailand-United Kingdom. and Thailand-European Free Trade Association (EFTA), etc. If looking at the comparative statistics before and after the FTA, it is found that ASEAN increased 5,847%, China increased 3,230%, New Zealand 740%, Australia increased 431%, India increased 378%, South Korea 237%, Peru 132%, Chile 107% and Japan 118%, etc. “The Department wants Thai entrepreneurs and exporters Bringing up the matter of importing countries reducing or eliminating customs duties on rubber products exported from Thailand under the FTA. Become a factor in considering selecting an export market. Increase export opportunities and create a handicap for Thai products as well,” Mrs. Oramon said.
Computers and components Gems and jewelry. During the 11 months of 2019 (Jan.-Nov.), Thailand exported rubber products to the world market up to 10,221 million USD, an increase of 1.6%, with important export markets being the United States, China, and Japan. ASEAN and Australia, where the United States has a share of 30% of exports and the remaining 4 countries have a combined share of approximately 40% and important export products such as tires used for vehicles. Synthetic rubber and rubber gloves, etc., are important factors that allow Thailand to increase the export of Telegram Number Data rubber products. And now it has moved up to be the 4th largest exporter in the world after China, Germany and the United States because Thai products are not subject to customs duties from importing countries. This is because Thailand also has a Free Trade Agreement (FTA), which Thailand has 13 FTAs with 18 countries, including the 10 ASEAN countries, China, Japan, South Korea, India, Australia, New Zealand, Peru, Chile and Hong Kong, where rubber products from Thailand are not subject to tariffs. Already imported into 13 countries, including 9 ASEAN members, Japan, Australia, New Zealand, and Hong Kong. The remaining 5 countries are China, South Korea,
India, Chile, Peru, which are exempt from import duties on most rubber products from Thailand. But maintaining the collection of taxes on some items. As for the United States, although it is not Thailand's FTA partner, in the past Thailand has received preferential tariffs (GSP) from the United States. In addition, the United States Imports from Thailand increased instead of products from China. This has allowed Thailand to export more to the United States. However, in order for trading partners to open additional markets for rubber products to Thailand, the Department will continue to negotiate and push through the review of the current FTA. Finding a conclusion to the FTA that is currently being negotiated Including opening new FTA negotiations such as Thailand-European Union (EU), Thailand-United Kingdom. and Thailand-European Free Trade Association (EFTA), etc. If looking at the comparative statistics before and after the FTA, it is found that ASEAN increased 5,847%, China increased 3,230%, New Zealand 740%, Australia increased 431%, India increased 378%, South Korea 237%, Peru 132%, Chile 107% and Japan 118%, etc. “The Department wants Thai entrepreneurs and exporters Bringing up the matter of importing countries reducing or eliminating customs duties on rubber products exported from Thailand under the FTA. Become a factor in considering selecting an export market. Increase export opportunities and create a handicap for Thai products as well,” Mrs. Oramon said.