Thailand prepares to discuss with 3 FTA partners to stop tax on fisheries

Published 2020년 11월 7일

Tridge summary

The Department of International Trade Negotiations in Thailand is planning to continue discussions with trading partners to request additional import tariffs on Thai fishery products and to reduce trade barriers. The Department is also exploring high value aquaculture products to penetrate niche markets with high purchasing power, such as China, Europe, and Japan. The Department will also be negotiating for additional tax cuts on Thai fishery products in the ASEAN-India, ASEAN-South Korea, and ASEAN-Japan frameworks. Thai fishery products have the potential to be exported to more countries, as seen in the past year's export rank of 11th in the world with a value of 5.72 billion baht, with major markets including Japan, China, ASEAN, and the United States.

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Original content

Mrs. Oramon Sapthawitham Director-General, Department of International Trade Negotiations Revealed to the "economic base" that The Department will continue to negotiate with trading partners in three frameworks for free trade agreements (FTAs) to request additional import tariffs on Thai fishery products. Including negotiations to reduce trade barriers To help facilitate more trade between them Which initially negotiated at the officer level This is the result of the Department has visited the Phuket area. And discuss with high value aquaculture cage operators such as Seven color lobster, snakehead fish (Black Salmon) and pearl oysters were found to be future products suitable to penetrate the niche market (niche market) with high purchasing power such as China, Europe, Japan, etc. A preliminary FTA that the Department will continue to negotiate for additional tax cuts on Thai fishery products, including FTAs in the ASEAN-India framework. At present The imports of Indian fishery ...

Source: Ththansettakij