Thailand seeks restart of trade negotiations with EU
Thailand is ready to resume negotiations for a free-trade agreement (FTA) with the European Union (EU) once the new government is established, as officials seek to offset the decline in global trade, according to a leading trade official.Keep reading ...
Phuwit Limviphuwat
EU agrees to let Thailand negotiate export quotas
The European Union (EU) has agreed to allow Thailand to negotiate its export quota for 31 products, said Auramon Supthaweethum, director-general of the Department of Trade Negotations. Keep reading ...
Bangkok Post Reporter
Thai officials: US won't tariff auto exports
Shipments of Thailand’s automobiles and auto parts are unlikely to face penalty tariffs by the US because the export values are deemed insignificant. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s auto exports made up just a 0.1% market share, or US$231 million ...
Phusadee Arunmas
New US measures to raise costs for food shippers
Thai food exporters are being urged to study and prepare for stringent new US measures on imported food aimed at combating increasing cases of foodborne illness. Keep reading ...
Phusadee Arunmas
Thailand slashes 2019 exports estimates as trade war escalates
Thai exporters are expected to pay a heavy price as the ramping up of the US-China trade war continues.The US has now launched a new round of tariffs on Chinese imports. Last Friday US President Donald Trump tweeted: “Talks with China continue in a very ...
Phuwit Limviphuwat
Border trade grows in first two months
Thai border trade grew 0.92 percent to 219 billion baht in the first two months of 2019, according to the Ministry of Commerce.Keep watching ...
Thailand to ban import of plastic waste next year
Thailand’s Ministry of Natural Resources and Environment will propose to the cabinet a total ban on the import of plastic waste into Thailand beginning next year.Natural Resources and Environment Minister Gen Surasak Karnjanarat said today that, as imports of plastic waste are to end next ...
Border, transit trade tilt up, China transit trade soars
Both Thailand’s trade with neighboring countries and its transit trade increased slightly in January, the Foreign Trade Department said on Monday. The department said combined border and transit trade accounted for 119 billion baht, up 1.84% from the same period of last year. Keep reading ...
Bangkok Post Reporter
Stronger baht ‘will hurt exporters and farmers’
Most exporters are worried about the baht appreciating against the US dollar, fearing it will hit exports and farm incomes amid the slowing of both local and global economies.“A stronger baht will hurt our rice price competitiveness amid weaker currencies in the region, such as ...
Wichit Chaitrong
Thai border and cross border trade rises in value
The Department of Foreign Trade has reported a 5.81% increase in the value of border and cross border trade and expects that it will reach 1.6 trillion baht in 2019.Keep watching ...