News
Suspension of GSP to affect exports of 573 Thai products
The US suspension of tariff privileges under the Generalised System of Preferences (GSP), which comes into effect on April 25, will affect 573 Thai products, a Cabinet meeting on March 3 was told, Deputy Government Spokeswoman Rachada Thanadirek said.The businesses in the listed products will ...
The Nation Reporter
E-commerce, digital content rise as virus outbreak takes hold in China
The Trade Policy and Strategy Office (TPSO) says e-commerce and digital content are gaining ground in China amid the coronavirus (Covid-19) outbreak.Pimchanok Vonkorpon, TPSO’s director-general, said the trends of e-commerce and digital content were gathering momentum as Chinese people tended to stay home during the ...
The Nation Reporter
Commerce Ministry urges industries to increase their exports until early 2020
Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday (December 4) that his ministry has held discussions with the Thai Chamber of Commerce, the Federation of Thai Industries and representatives from the private sector, asking them to accelerate the export of products that ...
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 ...
Many Thai products to lose GSP privileges in the US
Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP).This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing ...
The Nation Reporter