Government TPR |
WT/TPR/G/400 |
G-3§130 |
Thailand |
2020 |
Sectors |
Investment measures |
Services |
Relevant information
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3.130. To align with the theme of 2019 Thailand's ASEAN Chairmanship on "Advancing Partnership for Sustainability", SEC Thailand as the Chair of the ACMF underlined the importance of fostering sustainable capital market and played the active role in jointly developing the Roadmap for ASEAN Sustainable Capital Markets (Roadmap) with ACMF members to promote ASEAN asset classes for sustainable investment. (...) The finalized actionable recommendations under the Roadmap is expected to be reported to the AFMM in October 2020 and its priority areas will subsequently be integrated into the next phase of the ACMF Action Plan for 2021-2025 in order to push forward the agenda on fostering sustainable development in ASEAN capital markets.
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Government TPR |
WT/TPR/G/400 |
G-4§3 |
Thailand |
2020 |
Trade Policy Framework |
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4.3. Thailand also aims to make its economy more inclusive and sustainable. Our priorities under the sustainable and inclusive development include MSMEs development, digital economy, and BCG economy. Furthermore, the COVID-19 outbreak has highlighted Thailand the importance of economic resilience and emergency preparedness against future shocks or disruptions to ensure that the businesses and supply chain can continue their operation.
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Government TPR |
WT/TPR/G/400 |
G-4§4 |
Thailand |
2020 |
Trade Policy Framework |
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4.4. Thailand remains supportive of the rules-based multilateral trading system and the WTO as crucial mechanism for Thailand and WTO Members to address economic challenges resulting from COVID-19 crisis and prepare for the post-pandemic recovery. Thailand will also strive to become a value-based economy with a full of resilience, while emphasizing on inclusiveness and sustainability.
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-Summary§14 |
Thailand |
2020 |
Measures |
Tax concessions, Investment measures |
Agriculture, Energy, Fisheries |
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14. Thailand maintains a myriad of tax and non-tax investment incentives schemes, with a rather complex structure. These include the incentives provided by the Board of Investment, and those offered to special economic zones, SMEs, and certain sectors such as farming, fishing, and renewable energy. (...)
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-Summary§20 |
Thailand |
2020 |
Sectors |
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Fisheries |
Relevant information
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20. (...) Thailand is also a net fish exporter, and has adopted measures to tackle illegal, unreported, and unregulated (IUU) fishing. The Fisheries Act 2015 was amended in 2017 to allow for stricter penalties for illegal fishing. Support has been provided for fishermen and fishing vessel owners affected by the measures to combat IUU fishing. Foreigners are prohibited from engaging in fisheries of aquatic animals in Thai waters and specific economic zones, but they may work as crew of a fishing vessel provided they are registered in Thailand as foreign workers.
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-Summary§21 |
Thailand |
2020 |
Sectors |
Other support measures |
Energy |
Relevant information
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21. (...) Thailand notified to the WTO its support measures to the energy sector, including incentives for renewable energy. (...)
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Keywords
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-2§7 |
Thailand |
2020 |
Trade Policy Framework |
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2.7. In 2017, the Government issued its 20-Year National Strategy (2018-37), developed by the Office of the National and Economic Development Council (NESDC). The National Strategy's main goal is for Thailand to attain developed country status and to transit to a digital economy, based on the principle of self-sufficiency. It sets out six key strategies: (...) promoting eco-friendly growth and development; and improving public-sector efficiency. (...). It establishes in more detail the economic, social and environmental targets to be achieved during this period, and provides a framework for government agencies to use as a guideline in formulating their own sectoral plans.
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-2§8 |
Thailand |
2020 |
Trade Policy Framework |
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2.8. Ten industries have been targeted under Thailand 4.0: the first five (called S-curves) are existing industries: next-generation automotive; smart electronics; medical and wellness tourism; agriculture and biotechnology; and "food for the future". The other five (new S-Curve) industries are: robotics; aviation and logistics; biofuels and biochemicals; digital; and medical hub. In order to attract investment to these targeted industries, the Government implements various incentives measures
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-2§25 |
Thailand |
2020 |
Trade Policy Framework |
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Relevant information
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2.25. Thailand is a founding member of ASEAN. (...) ASEAN is implementing the AEC Blueprint 2025, adopted in November 2015, which sets out measures to (...) incorporates new focus areas such as integration into global value chains, good regulatory practices, and sustainable development
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Secretariat TPR |
WT/TPR/S/400/REV.1 |
S-2§38 |
Thailand |
2020 |
Trade Policy Framework |
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Relevant information
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2.38. Thailand is an active participant in the Asia-Europe Meetings. ASEM is an informal platform for dialogue and cooperation among 53 partners from across Europe and Asia. [32] Summit meetings take place biannually to discuss the main challenges facing a rapidly changing world, including trade and investment, climate change, political and social issues, and security matters such as counter-terrorism, and cyber and migration issues. (...)
[32] ASEM partners are: the EU member States, the European Commission, Norway, Switzerland, the ASEAN 10, the ASEAN Secretariat, Australia, Bangladesh, China, India, Japan, Kazakhstan, the Republic of Korea, Mongolia, New Zealand, Pakistan and the Russian Federation.
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