Rise in GSP exports to EU
Thai exports to the European Union under the generalised system of preferences (GSP) reached US$5.15 billion (Bt179 billion) in 2006. This represents a 31-per-cent increase from the previous year, the Foreign Trade Department said yesterday.
The sharp increase is attributable to the reinstatement of GSP in six categories: fishery products, seasoning and drinks, plastics and rubber, shoes, glass and ceramics, and some household electrical appliances. Foreign Trade Department director-general Apiradee Tantraporn said the volume of Thai exports accounted for only 33.92 per cent of the overall value permitted under the EU's GSP scheme. "The volume is low as the tariffs under the GSP and the most-favoured nation system are relatively close. Moreover, the rules of origins under the GSP system are stringent and do not encourage exporters to exploit the system," Apiradee said, adding that the department will be more active this year in encouraging exporters to trade with EU partners under the GSP system. The department has also set up a centre to help exporters counter non-tariff barriers, whereby companies can file complaints if they encounter any barriers which are against the World Trade Organisation rules. Exporters can fill out a complaint form and submit it to www.dft.moc.go.th. Apiradee added that the department had also received a budget to ensure that the centre's software, hardware and networks function properly in providing information on non-tariff barriers. To reduce shipments being rejected, exporters are also invited to check out the import rules and regulations of 37 countries - including Australia, the United States, Japan, China and EU members - at the website. - The Nation
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