webfact Posted May 11, 2021 Share Posted May 11, 2021 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 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Popular Post johng Posted May 11, 2021 Popular Post Share Posted May 11, 2021 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 !!! 8 4 Link to comment Share on other sites More sharing options...
robblok Posted May 11, 2021 Share Posted May 11, 2021 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 ? 1 Link to comment Share on other sites More sharing options...
kiwiaussie Posted May 11, 2021 Share Posted May 11, 2021 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 1 Link to comment Share on other sites More sharing options...
Popular Post johng Posted May 11, 2021 Popular Post Share Posted May 11, 2021 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% 3 Link to comment Share on other sites More sharing options...
lapamita Posted May 11, 2021 Share Posted May 11, 2021 (edited) 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 2 Link to comment Share on other sites More sharing options...
Popular Post Chelseafan Posted May 11, 2021 Popular Post Share Posted May 11, 2021 I don't see any change on tariffs. Its just a carry over of the old-terms. 3 Link to comment Share on other sites More sharing options...
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