Search Results for: Thai

NEGOTIATIONS for a free trade agreement (FTA) between the European Union (EU) and Thailand, removing tariffs and non-tariff barriers, may erase restrictions on exports of cut and polished marble and granite stones from the EU to Thailand.

At the moment European exporters of these minerals, as well as other monumental or building stone, need prior authorisation from the Thailand ministry of commerce.…

INCREASED competition and a weakened global economy have not dimmed expectations for Vietnam-based knitwear exporters, with two major trade deals looming, able to guarantee duty free exports to the US and the European Union (EU). They will also remove non-tariff barriers impeding trade, boosting optimism amongst established exporters of quality Vietnam-made knitwear.…

THE EUROPEAN Union (EU) textile and clothing industry is unsure whether it stands to benefit or to lose from a proposed free trade agreement (FTA) between EU and Thailand, for which negotiations were announced earlier this month (March 6). “The Commission still needs to launch the public consultation to hear the industry views,” Luisa Santos, head of international trade at the European Apparel and Textile Confederation (Euratex) told just-style.…

THE EUROPEAN Commission has welcomed Thailand lifting its longstanding ban on bovine product imports from European Union (EU) member states, but has complained that Bangkok is insisting on expensive inspections for approved exporters.

Live cattle, beef, veal and other bovine products from Austria, Belgium, Britain, the Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Poland, Portugal, Slovakia, and Slovenia and Spain have been prevented from entering Thailand since 2001 over concerns about BSE.…

A free trade agreement (FTA) resulting from negotiations announced last week between the European Union (EU) and Thailand is expected to eliminate import tariffs still imposed on some European steel products, such as flat-rolled products of non-alloy steel and bars and rods.…

MAJOR new opportunities are emerging for both international and domestic cosmetics brands in Thailand, due to strong economic growth, increasingly sophisticated consumers, and a vibrant market in which new products and innovations are leading to growing competition.

The economy in Thailand, with 70 million consumers, is a key mid-sized and medium-income market, and has recovered strongly from the severe floods in 2011 that affected much of the country, with GDP growth forecast at 5.7% for 2012.…

THE CREATION of a harmonised customs system within the 10 countries of the Association of Southeast Asian Nations (ASEAN) by 2015 should be better exploited by its regional clothing and textile industry through better vertical integration, a conference was told this week.…

BY MJ DESCHAMPS

China

Between the worsening Eurozone crisis dampening demand in key export markets, sourcing rivals from neighbouring countries becoming increasingly competitive, the strengthening Chinese yuan and rising labour costs, analysts warned in August that Chinese textile and clothing manufacturers’ business would struggle for the rest of 2012.…

BY JONATHAN DYSON, IN BANGKOK

THAILAND’S textile and garment industry is aiming to diversify its export markets as it faces a significant drop in demand from its key American and European Union (EU) markets.

Thai garment exports for 2012 are forecast to fall by 10% to USD2.8 billion, while the country’s textile exports for 2012 are expected to dip by 15% to USD3.5 billion, according to figures from the Thai Garment Manufacturers Association (TGMA).…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) Council of Ministers has approved detailed poultry trade agreements with Thailand and Brazil that will tighten EU import rules, calming concerns that previous agreements were too vague and were being exploited by exporters. The new deals are supposed to fulfill commitments made by the EU at the World Trade Organisation (WTO) to allow certain amounts of processed poultry meat from both countries into Europe.…