snoop1130 Posted March 19 Share Posted March 19 BANGKOK (NNT) - Thai fish farmers are rallying against the government's proposed free trade agreement (FTA) with the European Free Trade Association (EFTA), voicing concerns about the potential impact on the local aquaculture sector. The group appealed to Prime Minister Srettha Thavisin, requesting a reevaluation of the proposed FTA that seeks to allow tariff-free fish imports from EFTA countries. They argue this move could override the current 5% import tax, raising concerns over potential market oversaturation and heightened competition for domestic fish producers. Highlighting the adverse effects experienced from previous FTAs with ASEAN and China, Thai Aquaculture Association President Bangjong Nisapawanich said the entry of cheaper foreign fish, such as salmon, mackerel, and cod, could significantly reduce the market share of Thai fish farmers. He pointed out that the current tax rate, although low, does not hinder the affordability of certain imported fish compared to domestic species such as the Nile tilapia. The association is now calling for careful consideration in FTA negotiations to prevent negative repercussions for Thailand's fish farming community, noting the need to protect the industry that supports numerous careers and related businesses throughout the country's supply chain. By Krajangwit Johjit Source: NNT 2024-03-19 - Discover how Cigna Insurance can protect you with a range of visa-compliant plans that meet the minimum requirement of medical treatment. For more information on expat health insurance click here. Get our Daily Newsletter - Click HERE to subscribe 1 Link to comment Share on other sites More sharing options...
MartinBangkok Posted March 19 Share Posted March 19 Should have an 100% tax on Thai fish - due to the fact it´s full of contaminants. Link to comment Share on other sites More sharing options...
Popular Post Nickcage49 Posted March 20 Popular Post Share Posted March 20 I don't know about seafood, but it's high time we have free trade on all products in Thailand. The taxes are too high on imported goods. 2 1 Link to comment Share on other sites More sharing options...
hotchilli Posted March 20 Share Posted March 20 On 3/19/2024 at 5:32 PM, snoop1130 said: The group appealed to Prime Minister Srettha Thavisin, requesting a reevaluation of the proposed FTA that seeks to allow tariff-free fish imports from EFTA countries. They argue this move could override the current 5% import tax, raising concerns over potential market oversaturation and heightened competition for domestic fish producers. FTA means equal trade... Thailand doesn't like that. 1 1 Link to comment Share on other sites More sharing options...
trainman34014 Posted March 21 Share Posted March 21 As usual they want it all their own way or they cry foul ! 1 Link to comment Share on other sites More sharing options...
Geir Rasch Posted March 21 Share Posted March 21 Normally I understand the need for protection, but when it comes til thai fish, which is an inferior product, Thailand need salmon and cod from EFTA. May be not for the economic, but for the sake of health! Link to comment Share on other sites More sharing options...
trainman34014 Posted March 21 Share Posted March 21 10 hours ago, Geir Rasch said: Normally I understand the need for protection, but when it comes til thai fish, which is an inferior product, Thailand need salmon and cod from EFTA. May be not for the economic, but for the sake of health! MONEY is much more important than health in Thailand. The Prime Minister confirmed that with his comments about the disastrous effects of Pollution in The North ! 1 Link to comment Share on other sites More sharing options...
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