EU agrees to negotiate with Thailand on export quotas

The European Union has agreed to allow Thailand to negotiate its export quota for 31 products following a request lodged by Thai trade representatives in December 2018.
EU agrees to negotiate with Thailand on export quotas ảnh 1The EU agrees to allow Thailand to negotiate export quotas for 31 products (Source: Bangkokpost)

Bangkok (VNA) – The European Union has agreed to allow Thailand tonegotiate its export quota for 31 products following a request lodged by Thai traderepresentatives in December 2018.

Local media citedDirector-General of the Thai Department of Trade Negotiations AuramonSupthaweethum as saying that the negotiation will deal with the quotas for 31items that Thailand was given before the EU and the United Kingdom began theirBrexit negotiations.

According to her, theproducts include nine poultry products, nine rice products, four sweet potatoand cassava products, six processed fish and shrimp products, and threeconvenience food products.

The negotiations areimportant because in 2017 alone the EU spent 1.4 billion USD buying theseproducts, she said.

Thailand also lodged asimilar request to the UK, asking for the right to receive export quotas for 30products, including 10 poultry products, seven rice products, three sweet potatoand cassava products, six processed fish and shrimp products, and fourconvenience food products.

In March, Thailand askedthe UK to speed up its deliberation on the request, she said, adding that in2017, the total export value to the UK for these 30 items stood at 627.6million USD.

The country wants towrap up the negotiations with the EU and the UK by September, as the UK isexpected to leave the union in October, she stressed.-VNA
VNA

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