|
Tariff /duty / quota
 Trade
Preferences
The Generalized System of Preferences
(GSP) is aimed at increasing export earnings of developing
countries, promoting their industrialization and accelerating
their rates of economic growth. According to the New GSP in
the EU, Thailand does not qualify as a developing country
anymore. Thus, it will lose its preferential position on tariff,
meaning higher import duties will be applied to Thai exports.
. The following increased rates for shrimps took effect in
January 1999, causing a decrease in Thai exports to the EU.
Import Duty levied on Thai Shrimp Products
|
Frozen Shrimp |
Product Current Rate |
Rate Effective July 1996 |
Rate Effective January 1999 |
| Raw |
4.5% |
10.8% |
14.4% |
| Cooked |
6.0% |
14.0% |
20.0% |
|
Source : National Food Institute (Thailand)
GSTP
The Global System of Trade Preferences among Developing Countries
promote and protect mutual benefits by granting preferential
tariff treatment for eligible products from each member countries.
CEPT
The Common Effective Preferential Tariff Agreement is a mechanism
to achieve AFTA's target by reducing import tariff rates and
eliminating quantitative restrictions and non-tariff barriers
among ASEAN member states.
|
