Subject: Commerce revealed that the use of FTA export rights 17 views

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The Department of International Trade Negotiations reveals statistics on the use of 12 FTA rights over the past 5 years, finding that the average annual use of rights is as high as 73%, with Chile leading the way in the highest use of rights. Followed by Australia, China, Japan and Peru, preparing to move forward with upgrading existing FTAs. To be modern Keep up with new trade formats To create more opportunities for Thai entrepreneurs. Ready to go to the area to educate farmers Entrepreneurs take advantage of FTAs. Mrs. Oramon Sapthaweetham Director-General of the Department of International Trade Negotiations revealed that the department has been tracking statistics on tax benefits from free trade agreements (FTAs) that Thailand has signed and currently enforced, 13 with 18 countries, including 9 ASEAN members.


Countries: China, B2B Email List Japan, South Korea, India, Australia, New Zealand, Peru, Chile and Hong Kong found that Thai entrepreneurs are aware of the benefits of FTAs and are increasingly requesting to use export benefits under FTAs. According to statistics from 2015-2018, Thai entrepreneurs exercised export rights from the FTA for products entitled to rights under 12 FTAs (not including the ASEAN-Hong Kong Free Trade Agreement). which came into effect in June 2019), the average annual proportion was as high as 73%, and during the 9 months of 2019 (Jan.-Sept.), the proportion was as high as 78.25%. The top 5 trading partners from which entrepreneurs use FTA export benefits are Chile, Australia, China, Japan, and Peru, respectively. The top export products using FTA benefits include transportation vehicles. personal car Processed chicken meat and chicken organs Sugar obtained from sugarcane and air conditioners and parts, etc. At the same time, if we compare the value of using FTA benefits between exports and imports.



It was found that Thailand has used FTA export benefits more than FTA import benefits. In the period 2015-2018, Thailand exported products using FTA benefits. The 12 A's have an average annual value of $58,261 million. This is higher than imports with an average value of 28,502 million USD per year, while in the 9 months of 2019, Thailand exported 50,312 million USD per year using FTA benefits. Higher than imports of 22,718 million US dollars. Mrs. Oramon said that the Department is also preparing to review and upgrade the current FTA agreements that Thailand has with many countries, such as ASEAN-China, ASEAN-India. ASEAN-South Korea ASEAN-Australia and New Zealand and Thailand-India, etc., in order to further liberalize or include new provisions in the FTA to keep pace with the changing environment and trade patterns.