The use of free trade agreement (FTA) privileges and the Generalized System of Preferences (GSP) by Thai exporters fell by 14.76% year-on-year in the first nine months of 2020, in line with the country’s lower overall exports because of the pandemic.
Active utilisation of the privileges under the two schemes was seen particularly in food, beverage and processed agricultural products.
Keerati Rushchano, director-general of the Foreign Trade Department, said yesterday the use of privileges under FTAs and the GSP by exporters totalled US$45.60 billion between January and September.
Of the total, the use of FTA privileges contributed $42.33 billion in the first…
