Many Thai products to lose GSP privileges in the US

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/news/30377769

Many Thai products to lose GSP privileges in the US

Oct 26. 2019
By THE NATION

3,349 Viewed

Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP).

This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing the country’s failure to improve its labour rights to meet international standards.

The US Trade Representative reportedly stated that the measure will take effect in the next six months. The duty-free treatment on all of Thailand’s seafood exports to the US also will be revoked.

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