Revised EU manners a asset for Thai goods

Many Thai industrial products and some plantation products will suffer a asset after a European Union revised a Autonomous Tariff Suspension list to cover 2,000 apparatus in Dec final year.

Duangporn Rodphaya, executive ubiquitous of a Department of International Trade Promotion, pronounced Council Regulation (EU) 2015/2449 scrapped import taxes for 110 some-more products, altered a sum of 45 existent products and extended a privileges for 148 items. All in all, import taxes for 2,000 products are possibly exempted or lowered underneath a revised list.

Most of a tax-exempted apparatus are industrial products such as petrochemical and downstream products; textile; metals and steel products; machine and electrical appliances; automotive tools and visual equipment.

Eligible plantation products are vegetables and fruits, among others.

The grant duration for many products is 3 years — from Jan 1 this year to Dec 31, 2018.

The EU also released Council Regulation (EU) 2015/2448 to correct a unconstrained tariff share for products done in a EU though unwell to accommodate a direct of internal industries such as some petrochemical products and plastics, metals and steel products and machine and electrical appliances, Ms Duangporn said.

Get full Bangkok Post printed journal knowledge on your digital inclination with Bangkok Post e-newspaper. Try it out, it’s totally giveaway for 7 days.

Article source:

Leave a Reply