News
Fisheries in South seek new markets to offset GSP suspension
The president of Fisheries Association of Songkhla province, Suradej Nilubon, has said that the country’s fisheries industry will definitely be affected by the US suspension of the trade benefits for Thailand under the Generalized System of Preferences (GSP).This suspension will affect the Thailand’s competitive advantage ...
The Nation Reporter
Trump’s GSP seafood cut gives Thailand 2020 GDP an early whack
The struggling Thailand economy received an unexpected whack for the year ahead yesterday (Oct 26) when US President Donald Trump suspended $1.3 billion worth of duty-free trade for Thai items, including seafood, under the Generalized System of Preferences (GSP) programme.Keep reading ...
John Le Fevre
Thai Government claims GSP move by US unrelated to chemicals ban
Prime Minister Prayut Chan-o-cha became aware of the US plan to suspend US$D1.3 billion in trade preferences for Thailand, under the Generalized System of Preferences program, about a month ago and says the US action is not related to Thailand’s banning of paraquat, glyphosate and ...
Thailand seeks clarity on scrapping of US trade preferences
Thai government and business leaders are seeking clarification from the United States about the planned suspension of $1.3 billion (39.2 billion baht) in trade preferences, ostensibly because of failure to curb labour abuses in the fishery industry.The suspension, to take effect on April 25, will ...
Bangkok Post Reporter