Thailand Signs New Tariff Rate Quota Agreement with European Union

[webfact]

 

By Paphamon Arayasukawat

   

BANGKOK (NNT) - Thailand and the European Union (EU) have agreed on a new tariff rate quota deal, under which a predetermined amount of the country’s goods can be exported to the bloc at pre-Brexit tax rates.

 

Thailand’s permanent representative to the World Trade Organization (WTO), Pimchanok Pitfield, has signed the agreement with Jos Fernando Costa Pereira, Portugal’s ambassador and permanent representative to the EU’s Political and Security Committee (PSC) in Brussels, Belgium.

 

The agreement, which replaces a similar agreement, which had to be renegotiated following the United Kingdom’s departure from the economic bloc on Jan 1st, will come into force next month.

 

Ms. Pimchanok said products covered by the agreement include rice, poultry and fishery products, which Thailand will still be able to export to the EU with the same trade privileges extended before Brexit. Export duty reductions will be sought in separate trade negotiations, which will be held between Thailand and the EU, as well as the United Kingdom.

 

-- © Copyright NNT 2021-05-11

 

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[johng]

Strange how the UK and Europe  don't seem to gain any favourable trade tariff's when exporting things to Thailand

always a one way street !!!

[robblok]

3 minutes ago, johng said:

Strange how the UK and Europe  don't seem to gain any favourable trade tariff's when exporting things to Thailand

always a one way street !!!

I doubt that is the case, they are not stupid in the UK or Europe. Do you really think they give up all and gain nothing ?

[kiwiaussie]

7 minutes ago, johng said:

Strange how the UK and Europe  don't seem to gain any favourable trade tariff's when exporting things to Thailand

always a one way street !!!

Cause Thailand, has basically unilaterally cut them themselves, apart from a couple of areas of strategic importance (eg vehicles, alcohol). Check out the list of tariffs on all goods into Thailand. You'll note mainly zeros there. 

 

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiJhciDhsHwAhWMyjgGHXO9ArQQFjALegQIAhAD&url=https%3A%2F%2Ftax.dtn.go.th%2Fagreement%2Fdownload%2F85&usg=AOvVaw2JUApgyHgP0AM1iNoTBN4D

[johng]

21 minutes ago, kiwiaussie said:

Cause Thailand, has basically unilaterally cut them themselves,

So you are saying that I can now avoid paying 30% tax  if I import a pair of my favourite shoes ?

that not how I read it  still says 30%

 

[lapamita]

13 minutes ago, johng said:

So you are saying that I can now avoid paying 30% tax  if I import a pair of my favourite shoes ?

that not how I read it  still says 30%

 

Post office is charging flat rate 30% until $1,000. but really not very strict on  declared prices

 

i imported coffeemachine price europe 1500 euro incl vat 21%

i was  discounted vat  net price 1240 eu

import to thai 1240e plus 12%import tax plus 7% vat and 2% other charge

 

at the end price was only slightly morethan 1500e when i hv in thai plus 27kg transport to thai by air 83euro

 

retailers thai always say expensive price bfs import alll <deleted>, aimporter would even pay less than me bcs not buy only 1 pc like me

Edited May 11, 2021 by lapamita

[Chelseafan]

I don't see any change on tariffs. Its just a carry over of the old-terms.