Thailand: "Commerce" is confident that the US will renew its GSP

Published 2021년 1월 4일

Tridge summary

The Director-General of Thailand's Department of Foreign Trade, Mr. Kirati Rachano, has announced that the renewal of the United States' special tariff privileges (GSP) for Thailand, which expired on December 31, 2020, is pending due to the US focus on urgent issues such as a new government and the COVID-19 pandemic. Despite this uncertainty, the Department remains confident of the renewal's eventual approval, citing support from the US private sector, importers, and trade associations. Thailand's Office of Foreign Affairs in Washington, D.C., along with 26 GSP countries, has also appealed for the program's prompt renewal.

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Original content

Mr. Kirati Rachano, Director-General of the Department of Foreign Trade, disclosed the progress of the renewal of the special tariff privileges (GSP) that the United States provides to countries around the world, including Thailand that the original program has expired from the date of 31 Dec 2020 and pending US action. Which is not sure when it will be renewed Because of the recent renewal It took several months. The last time it was delayed for 4 months to renew the project. But will continue slowly or quickly Had no impact on Thai exports to the US Because the importer Can also be imported normally Just have to pay the tax first And when the project is renewed Can go to claim the tax refund "Now the US There are urgent matters that need to be addressed. Both having a new government After the election was just finished And the fight against COVID-19 The outbreak still exists, forcing the US to look at the need to do it before and after the GSP is not urgent. Normally, the US is ...

Source: Ththansettakij